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HunterBeast / Hunter ₿eaṩt
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2023-01-25 16:53:39

HunterBeast on Nostr: MacBook Pros of the same price are being made worse over time, even though the ...

MacBook Pros of the same price are being made worse over time, even though the technology used to make them is getting better. In an economy that isn't an inflationary hellscape, such remarkable efficiency innovations would result in lower-priced goods, commonly lumped in with "deflation" by quasi-socialist Keynesian ideologues, and associated with recessions and business failure. Their solution during such times is-- of course-- increased government spending at the expense of monetary expansion through debt issuance in a fractional reserve system of banking, to prop up such "zombie corporations" for as long as the system will allow before their poor performance from a failed business model becomes inexcusable in the market. And if the business model is successful, as it is in Apple's case, its success is ignored amidst a wash of muddled price signals.

It took me a long time and a lot of study to understand why the current system that's commonly called "capitalism" is in fact monetary socialism. And this is the sad truth. It turns out, socialism in all its forms results in significant societal costs. The results speak for themselves, everywhere it's been tried. Monetary socialism is just much more subtle than most forms of socialism, and as a consequence, is much harder to explain why it affects as much as it does. Saifedean in The Bitcoin Standard and The Fiat Standard does an admirable job at providing a high-level overview, which draws much from Hayek's The Road to Serfdom and The Fatal Conceit.

This is the kind of stuff they don't teach in schools. Instead they teach, the government must intervene during economic crisis. How convenient for them.

https://arstechnica.com/gadgets/2023/01/entry-level-m2-pro-macbook-pros-have-slower-ssd-performance-than-m1-versions/
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