Few seem to have any concept of how much easier life would be if money got more valuable over time rather than less.
ESPECIALLY during a period of massive technological deflation. Imagine if everything you needed for your living standard was 10% cheaper/better quality each year? The literal opposite of the current system.
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i dont get
why they dont get it
its a dont get world
is my guess
The system is rotten precisely because it goes the opposite of what it should go π€·ββοΈ instead of improving the quality of life of citizens getting worse every year. And the fault is the god money who is rotten and corrupt. And they print it inflating it more and more
But 2% inflation provides monetary stimulusπ€‘
How they managed to make people believe inflation is good is something I will never understand
looking forward to the great taking series. the first part was π₯π₯π₯
I'd prefer a time when it costs only 10% of today's living costs to cover all of the necessities of life in modern society. The other 90% could be put anymore non-inflationary savings or investments, with a portion of that used to spend apart from the necessities of life.
Great π€οΈ
I think people do experience this with technology. Everyone has a smartphone now. Few experience with everything.
Great point, Iβve never put the 2 together O.o