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.

Replies (18)

A.A.Ron's avatar
A.A.Ron 10 months ago
Imagine working 5% less per year while your standard of living goes up 5% per year.
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Asdf 10 months ago
Very true. When I say that we should have money that is more valuable over time, 9 times out of 10 the rely to me is that it would be terrible for the economy. It would stop because nobody would buy anything. So weird that they all don't think one step further. They think that all these people would starve themselves to death, including their children, which seems more irrational than money becoming more valuable over time.
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npub1q0pa...5u4j 10 months ago
I think that all but few have the cognitive flexibility to realize that there must have been something in that Kool-Aid they drank…. I see no other reason for this concept being out of their grasp. And people in my circle have doctoral level degrees, self made millionaires, fortune 100 C Suite, etc. None are immune… I have used the “has it become more expensive or tricky to make a loaf of bread? A shovel? Etc. when I pose it like that, I have sometimes seen a flicker behind their eyes, but so often it is doused by the Kool-Aid. My elementary school aged son is being brought up, Kool-Aid free, and we have thousands of kids in LATAM that are being brought up in this truth. I pray that it changes this dynamic!
Magnus's avatar
Magnus 10 months ago
Yes, mindboggling for fiat minds. Crazy!
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Magnus 10 months ago
Great angle! I will use your "tricky" question next time discussing with friends
Kevin Templeton's avatar
Kevin Templeton 10 months ago
Losing a job because of technological advancement would be way less of a deal if you'd been able to save in a hard money your whole life.
Imagine how much less of a burden the welfare state would "need" to be (to meet people's expectations). Every year the narrative is always about increasing transfers to help cost of living, or increasing numbers of people facing material hardship. Same goes for "government services" financed through tax. Societal shifts would be immense from this alone.
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PeacePenny 10 months ago
looking forward to the great taking series. the first part was 🔥🔥🔥