Technology is making everything cheaper including commodities.
yes one day oil will cost so little that some countries will left their oil in the ground like they do with Coal
the reflation trade has "killed" more people than any other idea. If there is no war there is deflation! That is the normal.
and yes our labor is worth less and less perhaps some non routine jobs, like plumber or bike repairs aren't affected but everything else like airplane pilot are much easier than they used to be because there are machines helping . anyone can be a taxi driver with waze! when anyone can do what you do prepare yourself
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