@BobLoukas Wouldn’t more productivity lead to less inflation? The fact that we are at historic high inflation at historic low unemployment is a bit worrying with respect to productivity.
@AlgodTrading People resent the wealthy due to economic inequality. Inflation disproportionately affects low and middle income households, and benefits the ‘rich’ who hold appreciating assets.
@MacaesBruno Wind and solar tech are not 'essentially' digital technologies. In fact, wind turbines and solar panels have been in use for decades before the widespread use of digital technology in the energy sector.
@recizk@gametheorizing Yes agree,, meaning lots of liquidity still in the system. But if borrowing is curtailed, how long before this affects wages and returns?