CarlBMenger on Nostr: The only way to raise living standards over the long term is to raise productivity. ...
The only way to raise living standards over the long term is to raise productivity.
Central banks can’t raise productivity, they only can redistribute wealth, from those who have little to those who already have a lot.
Published at
2025-05-30 08:39:47 GMTEvent JSON
{
"id": "bb1c3b15a7bb92b158bdf9347df6c9b9bba31449e368ffb74b4d0063de03d6eb",
"pubkey": "7b991f776d04d87cb5d4259688187a520f6afc16b2b9ad26dac6b8ee76c2840d",
"created_at": 1748594387,
"kind": 1,
"tags": [],
"content": "The only way to raise living standards over the long term is to raise productivity.\n\nCentral banks can’t raise productivity, they only can redistribute wealth, from those who have little to those who already have a lot.",
"sig": "e79cdf39e86a18eae7d26e1d394ef85b1879d5aaa94c1708de9f38b62168d1b8b807f49e6d685aff1434bde71d5e35e041bf5c907b20ebd67c37dd0e008afab0"
}