สำเนาบทสนทนา 🔗
1
00:00:00,000 --> 00:00:07,500
I don't know how to get people to understand, to truly understand this because we have so
2
00:00:07,500 --> 00:00:13,720
deeply internalized the exact opposite of the truth because it's just the way everything
3
00:00:13,720 --> 00:00:18,860
has been that it's really hard to understand.
4
00:00:18,960 --> 00:00:23,620
Like I remember having time coming to adjust to this truth.
5
00:00:24,640 --> 00:00:27,640
Everything should always be getting more affordable.
6
00:00:27,640 --> 00:00:29,760
if we have any progress
7
00:00:29,760 --> 00:00:32,000
if our manufacturing is any better
8
00:00:32,000 --> 00:00:33,920
if our technology is any better
9
00:00:33,920 --> 00:00:35,980
if the amount of output
10
00:00:35,980 --> 00:00:38,120
that every hour of our work
11
00:00:38,120 --> 00:00:39,820
continues to improve
12
00:00:39,820 --> 00:00:42,320
which is exactly what society does
13
00:00:42,320 --> 00:00:44,200
and the only reason we all go to work
14
00:00:44,200 --> 00:00:46,000
anyway is to make things better
15
00:00:46,000 --> 00:00:47,480
to solve problems
16
00:00:47,480 --> 00:00:49,280
to improve the process
17
00:00:49,280 --> 00:00:52,040
to manufacture and create more stuff
18
00:00:52,040 --> 00:00:54,040
and more prosperity to give more time
19
00:00:54,040 --> 00:00:56,080
everything should always
20
00:00:56,080 --> 00:00:57,240
be getting cheaper
21
00:00:57,240 --> 00:01:12,799
The only reason it doesn is because we are being screwed by how our money works If there and we able to make 10 apples a year
22
00:01:12,799 --> 00:01:14,999
and then we eat those 10 apples,
23
00:01:15,739 --> 00:01:17,639
and there's nothing else in the market,
24
00:01:17,799 --> 00:01:18,799
then an apple is a dollar.
25
00:01:19,359 --> 00:01:22,399
If you are able to make 20 apples,
26
00:01:23,159 --> 00:01:25,419
apples fall to 50 cents per apple
27
00:01:25,419 --> 00:01:27,819
if the amount of dollars don't change.
28
00:01:27,819 --> 00:01:40,339
If we find ourselves in a world where we're producing 100 apples, and apples are now $2 per apple, then we need to be looking for one of two things.
29
00:01:41,119 --> 00:01:48,699
One is that the demand for apples has 20x'd what it was just a short while ago.
30
00:01:48,699 --> 00:01:56,139
because we are producing 10 times as many apples, but the apples are still twice as much as they
31
00:01:56,139 --> 00:02:03,479
were despite 10 times the supply. Or two, there's way more money chasing those apples.
32
00:02:03,919 --> 00:02:17,897
So if we check and there in circulation chasing those 100 apples well then that means we just got robbed because somebody counterfeited a lot of money We should be paying 10 cent per apple but we not
33
00:02:18,037 --> 00:02:18,917
We're paying $2.
34
00:02:19,737 --> 00:02:21,877
And it's not because we didn't work our asses off.
35
00:02:21,997 --> 00:02:23,677
It's not because we didn't make things better.
36
00:02:23,757 --> 00:02:25,657
It's not because the farm is evil.
37
00:02:25,917 --> 00:02:27,917
It's because somebody counterfeited a lot of money.
38
00:02:27,917 --> 00:02:35,717
What would have manifested as a 10x increase in our standard of living, instead,
39
00:02:35,837 --> 00:02:45,517
turned into a loss, a 50% bleed of the value of our wages. And it was all because some institution
40
00:02:45,517 --> 00:02:54,077
or person printed $190 new dollars into existence. They literally just stole all the extra apples
41
00:02:54,077 --> 00:03:01,337
that we made by defrauding the accounting system that just keeps track of who's made apples and who
42
00:03:01,337 --> 00:03:08,977
is owed apples. And this applies to everything. This applies to houses. This applies to anything
43
00:03:08,977 --> 00:03:25,036
that you can create more of If we get better at creating more of it it should get cheaper It should be more affordable Our wages should be more valuable over time in exactly the same way that they are more
44
00:03:25,036 --> 00:03:30,656
valuable in gigabytes of storage space on a computer or a phone or any sort of device.
45
00:03:30,976 --> 00:03:36,976
Everything would do that simply to the degree that it is easier to produce and that our
46
00:03:36,976 --> 00:03:40,276
knowledge and skills for producing it get better over time.
47
00:03:40,276 --> 00:03:56,036
If that is not happening, there's been an explosion of demand for some reason, or there's been an absolute disaster in a destruction or massive loss of manufacturing capability, or your money is screwing you.
48
00:03:56,036 --> 00:03:58,296
One more time for the people in the back.
49
00:03:58,976 --> 00:04:04,136
Everything should always be getting more affordable.
50
00:04:04,596 --> 00:04:07,756
Since we clearly live in a world in which that's not happening,
51
00:04:08,216 --> 00:04:10,756
we should be looking at the money.