Technology is inherent deflationary due to scaling laws of increasing productivity. This is awesome because think if all the zero or very cheap apps etcs. The productivity is largely based on lack of regulation which allows innovationto occur at speed. Now if we only could deregulate "meatspace" applications (think nuclear, housing, etc) we might be able to achieve great gains.
8note|4 months ago
if you could remove private property rights over land, housing too would be much easier. Thats a regulation governments arent gonna touch though
charlie0|4 months ago