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Unstoppable tech-driven deflation will be the next economic challenge

July 1, 2020

Via: ZDnet

For years I’ve been puzzled about the role of digital technology in society. If this technology is as powerful and as revolutionary, as it certainly appears to be, why aren’t we seeing the evidence?

After several decades of investments, we should be seeing a large deflationary effect on our economy.

The evidence is there, but it’s masked and hardly noticed, and economists seem blind to what is essentially an unstoppable force deep within our economy.

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