Eternal Growth Posted October 30, 2015 Posted October 30, 2015 This likely won't mean abundance for all, but low costs for producing material things and still high living costs because of having to pay off the political class the entire way. The productive part of the economy will become better and better, and the unproductive part will swallow up the gains. An example of this that has already happened is the housing market in the UK. Building the house is the cheap part; paying for planning permission is what constitutes most of the price.
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