AI prospects again bring forward the crime of fiat money. Our productivity has advanced but prices do not go down, our work hours are not reduced. This happens because while we might gain 4-5% advancement per year, INFLATION forces those profits to the top of the pyramid scheme. While we have to work for the same amount of time but at 105% with our new tools for the same 100% standard of living.
This is what the fed’s “price stability” is. It is complete and utter theft of not just your fiat savings account value- but your time, effort, and sanity. Your life.
Finally the human worker will be able to see the fruits of technological innovation and be able to have the same standard of living while working less, or earn more by maintaining their effort.
NOT ON THE FIAT STANDARD. Not without real property rights- we do not have fair property rights since our property (without Bitcoin) could be devalued at whim by a central power.