Here's the thing and i'm going to let you in on a little secret. See i thought you knew this and were ignoring this. Now i feel like you really don't know. This idea of Infinite money for an infinite world. We've always had infinite money in an infinite world. Show me where in the history of the world it was a human deprived of sustenance outside of generally political ideology or warfare.
Most of the time it took someone conquering another group of people like they do now, by means of those that exploit the resources and then use the resources gained to influence the system to make sure nobody else can get resources. it was never an issue of lack of production.
When you mention inventions again those are inventions generally the profiteers are the people and companies that made this thing now they going to use it to rape the rest of us. Now some would say yea but you got a microwave out of the deal. you got a tablet out of the deal. you got a 3d printer out of the deal. So your life is better.
Well is it? These people got a microwave with no food to put in it because they can't afford the food. They got a tablet they can't learn on because they are overrun with poor education areas and circumstances. 200 years ago near billionaire level people didn't have refrigerators.. were their lives worse? not necessarily they were still wealthy and maybe had access to things we don't have access to this day.
All i'm saying is i'm sick and tired of this narrative that making a bunch of people money on wallstreet is suppose to benefit mainstreat. I know that's their story. That's their justification story. I'm more interested in a participatory better distributed economy which most logical minds want. You all just aren't providing us wiht that. you come to crypto but the problem is you bring the exact same ideology to crypto.
i remember ideas like the trickle down economy winning economic nobel prizes. Where the standard of living was supposedly increasing over the decades. So if that's the case. Why then are they saying we're all poorer after 1960? How are we getting such a better standard of living with less everything in the areas that count. Rising food cost doesn't that mean we're getting probably less food, lol. A crippled healthcare system. I know that we have advances in tech in medicine i don't deny that.
However you probably well know yourself especially if you're a republican how bad they fought healthcare to most americans. So i mean it's not even like we as a whole were getting access and exposure to that medical science. All these people walking around uninsured can't pay their medical bills. So the infinite world you talking about and when you say money you really just mean acces to all this stuff. As their is no actual money beyond the abstract idea of that money means something.
You talking about that.. however in this infinite ideology who's got the access to it lol.
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That is all true. I dont discount any of that. I wrote a number of article how our present system is exclusionary and only benefits a select few.
Yes we did. The difference is we had resources that were chased by said money which did not expand at a rapid pace. For most of human history innovation was not advancing much within a generation's lifespan.
No matter how much they try to sell it, the is not a field of science so the entire premise of a Nobel Prize is absurd.
And yes, 40+ years of trickle down economics shows how wrong the Jack Kemps of the world were.
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Well, we certainly get trickle down taxes. Increase the taxes on businesses and, just like any other cost, the business will seek to counteract it, often out of necessity, by reducing employment and/or raising prices. The problem is that the relationship is not a simple one and there is not a one to one immediate reaction. The idea of government managing an economy at all is what is laughable.