Tim Bouma on Nostr: My estimation is that only 10% of GDP activity is truly productive. The balance GDP ...
My estimation is that only 10% of GDP activity is truly productive. The balance GDP activity (the other 90%) is largely dedicated to taking away the consumer or producer surplus of this 10% true productivity. Fiat makes this taking away of surplus extraordinarily efficient.
Published at
2024-08-20 13:11:47Event JSON
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