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Yet Another Dystopian Horror
Some of this isn’t fiction.
Central banks will continue to counterfeit money globally.
Your savings will continue to leak value.
All “profit” numbers will go up but there won’t be any real growth.
Your stock portfolio will compound but your purchasing power will diminish.
You will sweat through your tedious job but your fiat paycheck will hold no value.
The world will continue to relentlessly pursue growth.
We’ll inflate our way to oblivion.
Your life, time, money, and energy will continue to be debased.
Governments will launch Central Bank Digital Currencies (CBDCs) — even more big data for Big Brother to sniff through. Your entire financial history (and future) will be laid bare.
Simultaneously, we will continue to dematerialize matter: atoms becoming bits.
Facebook dematerialized friendships. Amazon dematerialized books and retail. Apple dematerialized music. Microsoft dematerialized work. VR dematerialized tourism.
We will continue along this path.
Atoms take up space and are hard to store. They require enormous energy to configure into a pattern you want. Bits are…
