Quite the opposite. Money is getting more efficient not less | Hacker News

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		DeonPenny on Sept 20, 2019 \| parent \| context \| favorite \| on: The U.S. economy is growing and using less and les... Quite the opposite. Money is getting more efficient not less

Gibbon1 on Sept 20, 2019 [–]

If money is getting more efficient why have interest rates been heading into the toilet for 35 years?

DeonPenny on Sept 20, 2019 | [–]

Massive misallocation of resource mainly from the financial crisis into bad financial products. But if you look around the rate of technological development and the amount of money to start one of those ventures it's only been failing

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