The problem is when a civilization stops providing ways for its inhabitants to keep winning inside of it, the civilization collapses. In Western civilization, if there is no growth, how will you motivate people to keep working? The only thing left is to steal from the people who already have things.
I apologize for the uncalled snark. My point is that at the end of the day everything valuable at some point came from the land. The Intel factory is just wealth that was extracted and accumulated earlier, it is an actual, valuable asset.
That's the gist of it. If land is so worthless even rich people don't want anything to do with it, why would it make someone poor better off to have it?
The username checks out; where do you think wealth comes from if not land? Paper money in the end is just a representation of claims for assets generated from land. Food, minerals, energy, actual things all come from land.
The author of trilema.com at some point boasted of having bought a /16 and then renting it out.
Something I don't quite understand is why IPV6 is assumed to be better, if anything sticking to IPV4 will lead to more "selective" use. Actually useful things get an IP, the rest, well, better get more useful? Wishful thinking?
This deflation is bad meme comes straight from the big international bankers of the early 20th century (JPM et al.). They cared mostly about liquidity and stable exchange rates. Unless you are one of them, please stop parroting "would be extremely bad". Would it be different from now? Probably. Extremely bad? For whom?