3 ms·
Deflation of some things (like common inputs to creative endeavours) will increase our general ability to create little monopolies where we have much better pri
by skilesare 12y ago
Deflation of some things (like common inputs to creative endeavours) will increase our general ability to create little monopolies where we have much better pricing power.
For example, every time we cut the price of a 3D printer in half we bootstrap thousands of new creative into a position where they can have much stronger pricing power by doing something very, very, different.