Deleted Account on Nostr: So we are living in an inflationary environment now since most of the world in on a ...
So we are living in an inflationary environment now since most of the world in on a usd standard
As things get more expensive (goods and services) the quality of them goes down as well
We accept the shit product vs the nice product cuz it seems like it’s all we can afford etc
But once we collectively transition to a deflationary standard the opposite will become the norm
As things get cheaper (and easier to obtain for ordinary people) the quality will improve at the same time
Cuz we won’t wanna part with our precious sats for some bull shit
We would expect the best of the best- no matter what we looking at ….
Example:
Ingredients in food would get better
And the food would be cheaper
Compared to how it is now where the food gets more expensive and they are incentivized to use the cheapest ingredients possible to maximize the bottom line on a p&l
Thinking about stuff like this makes me bullish on the future
Am I right or wrong here?
Published at
2023-09-17 13:41:10Event JSON
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"content": "So we are living in an inflationary environment now since most of the world in on a usd standard \n\nAs things get more expensive (goods and services) the quality of them goes down as well \n\nWe accept the shit product vs the nice product cuz it seems like it’s all we can afford etc \n\nBut once we collectively transition to a deflationary standard the opposite will become the norm \n\nAs things get cheaper (and easier to obtain for ordinary people) the quality will improve at the same time \n\nCuz we won’t wanna part with our precious sats for some bull shit \nWe would expect the best of the best- no matter what we looking at …. \n\nExample:\nIngredients in food would get better \nAnd the food would be cheaper \n\nCompared to how it is now where the food gets more expensive and they are incentivized to use the cheapest ingredients possible to maximize the bottom line on a p\u0026l \n\nThinking about stuff like this makes me bullish on the future \n\nAm I right or wrong here?",
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