AI will magnify tech derived deflation forces as we will all buy whatever is cheapest to meet our needs, which AI and tech will provide.

Your employer would be right to say if your cost of living is being reduced, then your wages should be reduced. If cost of living went down 10%, a 5% reduction in your wage would actually be a relative increase in your standard of living.

BUT, your’s and govt’s debt would remain unchanged and hence more problematic, leading to financial system collapse if deflation remained unstopped.

This is why governments can’t allow the natural forces of AI and other tech to result in falling prices, and will print money to prevent it, forever debasing the purchasing power of any fiat currency.

So, are you going to vote for a politician promising free stuff, leading to the need for a chaotic/war system reset, or just opt out and buy/dca Bitcoin?