3 ms·
but an hour of toil from a human in 1950 is an hour of toil from a human in 2000. ultimately we are exchanging toil for toil, and inflation is theft from the g
by maeon3 14y ago
but an hour of toil from a human in 1950 is an hour of toil from a human in 2000. ultimately we are exchanging toil for toil, and inflation is theft from the global pool of toil.
it's akin to a thief seeing two men exchange potatoes for beans and getting in the middle and taking a fraction of the potatos and beans and running off and eating them without compensating the producers.
Inflation =stealing.