#602: Priced Out (Clip)

1 day ago

by @macroaggressions on Macroaggressions
View my bio on Vigilante.TV: https://vigilante.tv/c/macroaggressions

Determining value has always been subjective, but as price discovery transitions into the digital world, society faces a future of constantly adjusting prices. The evolution of commerce from bartering to coinage to digital has pushed society further away from each other and into a reality where prices could be controlled by artificial intelligence.

As talk of a new 50-year mortgage is making waves, people are being squeezed beyond their means just to attempt to catch the “American Dream” as it passes them by. Private equity groups are buying blue-collar companies that cash flow, then jacking up prices as they rent-seek in a world of diminishing returns. It won’t be long until the torches & pitchforks are no longer available at a reasonable price.

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