Every decade, technology makes us dramatically more productive. Every decade, GDP growth slows. These two facts should not coexist — and understanding why they do reveals the defining economic tension of our era.
Inflation. You are putting your labor in and getting a money that your government can almost literally print for free in their basement. When you do it, it’s called counterfeit and you can be sent to jail for many years or killed. If they do it, it’s called inflation and is perfectly acceptable. STOP USING THEIR CURRENCY and your life WILL get better. Use Monero, Gold, or Silver. Since the government can’t print those things, they will retain their value.
Inflation. You are putting your labor in and getting a money that your government can almost literally print for free in their basement. When you do it, it’s called counterfeit and you can be sent to jail for many years or killed. If they do it, it’s called inflation and is perfectly acceptable. STOP USING THEIR CURRENCY and your life WILL get better. Use Monero, Gold, or Silver. Since the government can’t print those things, they will retain their value.