3 ms·
Inflation is irrelevant over the long term. The real cost of goods after adjusting for inflation has gone down for the past few hundred years. It's of course a
by rthomas6 14y ago
Inflation is irrelevant over the long term. The real cost of goods after adjusting for inflation has gone down for the past few hundred years. It's of course a problem, but not because it will increase scarcity.
As you mentioned, the real problem is the aging and obsolete workers in the short term.