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In theory, the economy should create new avenues. Labour costs are lower, goods and services get cheaper (inflation adjusted) and the money is spent on things t
by nicbou 2y ago
In theory, the economy should create new avenues. Labour costs are lower, goods and services get cheaper (inflation adjusted) and the money is spent on things that were once out of reach.
In practice I fear that the savings will make the rich richer, drive down labour's negotiating power and generally fail to elevate our standard of living.