James Cho on Nostr: Yes.. there is more production in the market place, we become more productive. ...
Yes.. there is more production in the market place, we become more productive. Despite this productivity.. When you view market goods via the USD market, since USD is created more rapidly than market goods.. it is more expensive when priced this way.
When you price market goods in a productive society with a fixed currency.. you get to see prices fall.
Published at
2025-01-24 18:09:56Event JSON
{
"id": "73f2ee5c8277d5e761e96ef293cd3f096d4bd48e8237fe88a3a8965b5d9187d0",
"pubkey": "1f5eebc88c4264e7de2f4d183b60aec14bc257a9b5e6213573a2dc4e3ea155b2",
"created_at": 1737742196,
"kind": 1,
"tags": [
[
"e",
"9528fd0e3bb47b0c9951cb1f61295f9252c4d10a99d47df78f8cbc9c10d06372",
"",
"root"
],
[
"e",
"dafcdfcaecf40dad1bff29f1f68a7c75f628911b518bae7cc0eef9fe225ce93a",
"",
"reply"
],
[
"p",
"a87b402ac081c8849b9d5bd4e39f2287f25709d3e3f79e784af1e8b38fefbdf1"
]
],
"content": "Yes.. there is more production in the market place, we become more productive. Despite this productivity.. When you view market goods via the USD market, since USD is created more rapidly than market goods.. it is more expensive when priced this way.\n\nWhen you price market goods in a productive society with a fixed currency.. you get to see prices fall.",
"sig": "52f14e9ed9a22309f55abfa85ee443f16a0e1025823cf27d57fee8d4570c4f4f35e7d8afbfa7de8e4cb4fc97edcbc21d17eef3ddda3c65c94edd8f9c9d469066"
}
