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Global consumption expressed in...? That currency which inflated

• laurent92 5y ago
  Expressed in goods. The role of an economic system, communist capitalist or any other, is to organize the delivery of goods. We’ve produced 10% fewer goods in 2020, someone must deprive themselves. The inflated currency doesn’t matter, who’s the people who are depriving themselves while I’ve made a fortune and bought a house? I see we’re a whole lot who won the jackpot with Covid, who are the losers and why aren’t they already revolting?
• lrem 5y ago
  No. Ignore currencies, which are just our best approximation of a reasonable measure of wealth. The problem is that over the course of pandemic the world has produced less actual wealth. Unless we somehow reduced waste, we should now be able _on average_ to afford less.