Medium Of Exchange
topic on 2 shows · 2 statements across 2 episodes
2 statements about Medium Of Exchange, every show
Armstrong: Society will still need money because scarce resources will endure
“I think in the end, like in the limit case, like he has a point, but the thing is there's going to be scarcity for a long time. Even if the cost of goods and services really falls, like we have price deflation because robots and AI start to just make commoditi…”