Perhaps to some degree, but there is intrinsic value to a Ferrari if you enjoy driving. That doesn’t change with scarcity. But I agree, and even celebrate, tha

Perhaps to some degree, but there is intrinsic value to a Ferrari if you enjoy driving. That doesn’t change with scarcity. But I agree, and even celebrate, that a hypothetical future with abundance will be bad for speculators and the luxury-obsessed, and great for people who enjoy the first-order benefits of products.