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To: AndyJackson

All economic activity requires energy consumption. Money is just an abstract representation of energy. Economics is an indirect study of energy consumption. The government making energy more expensive, or borrowing future energy production and wasting it on vote buying, inflates prices. Demonrats always do both. Thinking that technology is deflationary is a weird way of looking at it. Successful technology either makes energy cheaper, or increases energy efficiency.


9 posted on 09/14/2023 8:31:15 AM PDT by Reeses
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To: Reeses
Successful technology either makes energy cheaper, or increases energy efficiency.

Exactly. When I can use the internet to find repair parts or find tools and material and hardware to make something I want to make, it reduces waste on trial and error, and much more reduces costs of driving around visiting shops that don't actually have what I am looking for. It doesn't take much of that kind of efficiency to pay for the cost of a computer and internet service.

10 posted on 09/14/2023 9:48:20 AM PDT by AndyJackson
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