aidankaradza on Nostr: Quick reminder: Tech and AI are deflationary forces. Deflation = kryptonite for a ...
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
Jeff Booth (nprofile…32nd) is a must read on this subject.
He breaks it down so simply. 1000% recommend
Published at
2025-03-07 04:14:06Event JSON
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"content": "Quick reminder: Tech and AI are deflationary forces.\n\nDeflation = kryptonite for a debt based monetary system.\n\nThese productivity gains are a drag on GDP. NOT a booster.\n\nGovernments will keep printing to devalue their debt, increase GDP and destroy their currencies.\n\nGet ready for $75 cocktails and $2M “starter” homes.\n\nThe Price of Tomorrow by nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnszxthwden5te0dehhxarj9eax2cn9v3jk2tnrd3hh2eqdm32nd is a must read on this subject.\n\nHe breaks it down so simply. 1000% recommend ",
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