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64 sats \ 1 reply \ @btc_remnant 10 May \ parent \ on: "Improving technology should make things cheaper over time” 🧐 bitcoin_beginners
I don't think so. Technological deflation enables the government to print more money without the people noticing price increases.
So for example, if computer companies figure out ways to build computers 10% cheaper each year, even if money inflation is 8%, the price of the computers will slowly decline 2% a year, so consumers are happy :)