"Even in wealthy countries, all is not well. While inflation might not be as high, the money concentrates towards a smaller and smaller number of hands over time, and more and more debt is piled up on the government's ledger. Political polarisation grows as nobody can agree on who's causing it or why it's happening.
Improving technology should make things cheaper over time, but central banks' inflation mandates are to ensure that prices continually increase, instead, by continually expanding the amount of money in the system. Money affects us all..."
- Lyn Alden
https://m.youtube.com/watch?v=jk_HWmmwiAs
Teboho
npub1agt…ssqk
2024-06-01 15:21:15
Author Public Key
npub1agt2lqd43ucgqqvdamm0vfg88hwnk9aqw94s9qe40z2x3vsxv2lq67ssqkPublished at
2024-06-01 15:21:15Event JSON
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"content": "\"Even in wealthy countries, all is not well. While inflation might not be as high, the money concentrates towards a smaller and smaller number of hands over time, and more and more debt is piled up on the government's ledger. Political polarisation grows as nobody can agree on who's causing it or why it's happening. \n\nImproving technology should make things cheaper over time, but central banks' inflation mandates are to ensure that prices continually increase, instead, by continually expanding the amount of money in the system. Money affects us all...\"\n\n- Lyn Alden\n\nhttps://m.youtube.com/watch?v=jk_HWmmwiAs",
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