Erik The Decentralist on Nostr: If the Cobalt miners of West Africa weren't making $2 a day, nobody would be driving ...
If the Cobalt miners of West Africa weren't making $2 a day, nobody would be driving a Tesla or EV, period.
If we can make other people's labor cheaper through corruption in fiat monetary policy, driving their wages down, and exporting our inflation/wage deflation to them. Then we can capture their gains.
This is what we're doing.
The problem is that it's never permanent as the people making these slave wages for our benifit have a right to wealth and abundance also.
In an entirely new global monetary system built around a #Bitcoin standard, the credit/debt/inflationary/deflationary fiat manipulation model would cease to exist, and an entirely new structure would emerge.
In this system, the decentralized money supply would never change. This would force all prices of all goods and services down to their base layer of production.
The great news is that with a #Bitcoin standard, Everyone would get a Tesla, even the cobalt miners of West Africa.
If you don't understand this theory, read The Price Of Tomorrow by Jeff Booth, and all will become clear to you.
If we can make other people's labor cheaper through corruption in fiat monetary policy, driving their wages down, and exporting our inflation/wage deflation to them. Then we can capture their gains.
This is what we're doing.
The problem is that it's never permanent as the people making these slave wages for our benifit have a right to wealth and abundance also.
In an entirely new global monetary system built around a #Bitcoin standard, the credit/debt/inflationary/deflationary fiat manipulation model would cease to exist, and an entirely new structure would emerge.
In this system, the decentralized money supply would never change. This would force all prices of all goods and services down to their base layer of production.
The great news is that with a #Bitcoin standard, Everyone would get a Tesla, even the cobalt miners of West Africa.
If you don't understand this theory, read The Price Of Tomorrow by Jeff Booth, and all will become clear to you.