Agree with your assessment of technological innovation lowering cost over time. Disagree that all goods and services behave the same way. As counter-examples l

Agree with your assessment of technological innovation lowering cost over time. Disagree that all goods and services behave the same way. As counter-examples look at the HHH of higher than inflation industries: healthcare, higher education and housing all of which experienced growth in cost at double digit rates in recent times. Also, I am not arguing that a widower who buys a certificate of deposit deserves the same rate of return as someone investing in a risky tech stock - they don’t. I do think there should be a safe option for savers to store their savings for a modest return net of inflation - say 2-3% for the time value of the money. Savings != Investment They are separate use cases and there should be room for both.