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To: Enlightened1

Standard economic theory is that the increased deployment of capital (ie. machines) and subsequent increases in productivity, should benefit the economy and overall income. The same logic says that increases in productivity mean lower costs throughout the economy, and therefore higher real wages.

My own caveat to this is that productivity increases, real wage increases, and reduced inflation are being stolen - by printed, fiat money, massive debt - and the handlers of this.

Even the Federal Reserve itself graphs the huge increase in America’s “monetary base”


45 posted on 03/30/2019 7:57:52 AM PDT by PGR88
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To: PGR88

So where are the robots that can replace a wife? Cook, clean, do laundry, wash the car, mow, gather the eggs, scoop out the chicken house, and give the dogs a bath.?

Then shut them off to recharge at night so they can’t complain about your snoring.


46 posted on 03/30/2019 8:07:53 AM PDT by oldasrocks (Heavily Medicated for your Protection.)
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