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Interesting outlook! Technology causing deflation, that then just gets papered over as usual.
The value of currency is backstopped by energy price, so once solar energy crosses some productivity threshold (~10 TW) to become the dominant source of energy in the world (around 2035), further cost decreases will be expressed not as a reduction in $/MWh but in partial deflation for some goods/services and inflation for others.
Solar dominance by 2035?
Too optimistic
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