Why Prices Go Up and Almost Never Come Back Down
Inflation slowing does not mean prices falling. The distinction is genuinely confusing and explains a lot of public frustration.
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8 posts
Inflation slowing does not mean prices falling. The distinction is genuinely confusing and explains a lot of public frustration.
Converting products into recurring revenue worked so well that it stopped working. Households are auditing and cancelling.
For bitcoin, no, and the reasons are structural. For some other networks the arithmetic differs.
A single number summarising millions of prices, which is why your experience of it differs from the headline.
The block reward halves every four years. What happens to network security when it approaches zero is an open question.
Dozens of experiments have paid people unconditionally. The results are consistent and limited in what they can prove.
The resources are real and the arithmetic does not work. Here is what would have to change.
Reshoring is real and driven by supply chain risk. The employment it creates is a fraction of what left.