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Food/clothes/tools became cheaper over the past 100 years as economies of scale were built, but they were much cheaper 10-15 years ago when you compare price to
by jb775 5y ago
Food/clothes/tools became cheaper over the past 100 years as economies of scale were built, but they were much cheaper 10-15 years ago when you compare price to purchasing power of income. This is a somewhat recent trend we're talking about (last ~25 years or so).
I think inflation is rising a lot faster than you think. They don't admit there's actual inflation until it's already been here for a while.
> We live in a democracy so we can make rules that balances power
Not true and never has been. This is a pipe dream for suckers. The golden rule is that those with the gold make the rules.
> inequality of power vs inequality of money
Money buys power (lobbyists, legal bribes, media access, etc), so these are basically the same thing if someone with lots of money is interested in spending it on obtaining power.