Quick reminder: Tech and AI are deflationary forces.
Deflation = kryptonite for a debt based monetary system.
These productivity gains are a drag on GDP. NOT a booster.
Governments will keep printing to devalue their debt, increase GDP and destroy their currencies.
Get ready for $75 cocktails and $2M “starter” homes.
The Price of Tomorrow by nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnszxthwden5te0dehhxarj9eax2cn9v3jk2tnrd3hh2eqdm32nd is a must read on this subject.
He breaks it down so simply. 1000% recommend