Assuming the title to be accurate, what is a good way for the working class (90%+ of all humans) to save and succeed in this current environment?

  • davelAEnglish
    721·
    4 个月前

    Fiat doesn’t work on a finite planet.

    Citations needed.

    • SuckMyWang@lemmy.world
      64·
      4 个月前

      I’m unsure of what a finite planet is referencing? Is op suggesting that economic limits are constrained to finite resources? This doesn’t take into account renewables, human creativity and a whole list of other things. If we create a matrix like environment where the limits can be expanded and create new products in that new environment we can still use fiat.

      • davelAEnglish
        11·
        4 个月前

        I don’t know why they’re conflating infinite money with finite resources. The two have no relationship to each other.

      • aviation_hydrated@infosec.pubOPEnglish
        3·
        4 个月前

        I think we need more restrictions on finances, so our human creativity can effect. What I see is that most advanced civilizations’ largest export is literal trash due to excess and waste, so I figured why not have a discussion about it

        Also, every fiat currency has failed in the two ways it can: hyperinflation or clout loss due to no trust in the issuing party (which tends to lead to hyperinflation). Innovation has stalled or at least hit the top of the S curve over the last 50 years, with mostly remixes of old ideas that tend to expedite the finite resources we have, so I don’t think technology will outpace inflation

      • MCasq_qsaCJ_234@lemmy.zipEnglish
        2·
        4 个月前

        Technically, Planet Earth is huge for us because we cannot use it efficiently or in a reasonable time, and we don’t even have to talk about the sun.