So what do you think will happen to the average person once this all breaks down? I know you half-jokingly said buy gold, but for real, are we just all sort of doomed to suffer?
Another interesting thing to me is what this means for "progress". It brings to mind our conversation about automated cars... There is a lot of infrastructure spending involved. Same with EVs. Progress, by itself, is costly. The cost of running our country is going up due to new tech... At least we won't have to drive in the apocalypse.
“Time’s arrow will see to that, if nothing else.” 😂😂
So what do you think will happen to the average person once this all breaks down? I know you half-jokingly said buy gold, but for real, are we just all sort of doomed to suffer?
Another interesting thing to me is what this means for "progress". It brings to mind our conversation about automated cars... There is a lot of infrastructure spending involved. Same with EVs. Progress, by itself, is costly. The cost of running our country is going up due to new tech... At least we won't have to drive in the apocalypse.
Thoughts on how the rise of wages, even for trivial jobs, is contributing to inflation? Both through legislation and corporate choices.