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The author is of course strictly correct, and practically wrong. Eventually our civilization will collapse, and the sun will go supernova. But for the foreseeab
by andrewprock 10y ago
The author is of course strictly correct, and practically wrong. Eventually our civilization will collapse, and the sun will go supernova. But for the foreseeable future, fiscal policy will be managed by inflation, and economic policy will be managed by economies of scale. The surprising thing is the author, doesn't mention either inflation or scalability once.
When information technology no longer scales, and we achieve full saturation for jobs that support scaled services, the prices will plateau. Until then, I expect them to rise at a rate faster than the rest of world. I don't expect that trend to end in my lifetime.
- pklausler 10y ago> and the sun will go supernova Nope. Not massive enough.