Yep it is a ponzi scheme that resists some form of equilibrium IMO. The downside to what's happening is reduced growth in plenty of things or at least glaciall

Yep it is a ponzi scheme that resists some form of equilibrium IMO. The downside to what's happening is reduced growth in plenty of things or at least glacially slow growth. I hate rampant consumerism, but it's hard to imagine the growth in computing power without it. Imagine if we had all just stopped with the Commodore 64 lol and called it good enough. The same goes for practically everything. The upside is that my labor becomes more and more valuable and corporate America becomes less all encompassing. But yeah. I wonder what will happen if this trend persists? Will deflation happen? What if people go back to just having different clothes based on the seasons and not on a 52-week fashion cycle like many women? Is that so bad?