Post #3359546

I wouldn’t blame fiat at all. It’s an issue of governance, classes and growing poverty. Capital has been shrinking labour’s share, year on year. Your inability to afford a nominal price has nothing to do with fiat. The capitalist class have just grown more brazen and they’ve realised no one will say “no”. fortune.com/…/us-workers-smallest-labor-share-gdp… If you want to quip about AI being mentioned in the above article do note that labour’s share of GDP had been on the decline before ‘AI’ was a twinkle in your father’s eye. It’s been a set trend, with politician’s endlessly arguing with the working class: you’ll get your share soon™, but not now. It never came and it never will. The political promises are the same, but they increasingly sound ever hollower.