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> If productivity were going up because of automation to the point where mass unemployment is an issue, interest rates would be higher: the end. Anyone who disa
by lawrenceyan 7y ago
> If productivity were going up because of automation to the point where mass unemployment is an issue, interest rates would be higher: the end. Anyone who disagrees doesn't understand how finance works.
Could you better explain the process by which you arrived at this conclusion? There's a lot of hand waving and little to no rigor in the proof that you provide.