Decent living standards (affordable quality housing/health/edu/transport/energy) + reduced inequality between the top and the bottom should not be hard to achieve if its declared as an actual Goal.
Technology causes Price of Goods and Services to fall. Not rise. Yet the Fed says its inflation target is 2% which means Prices are always supposed to grow no matter what innovation happens or its speed. This makes no sense.
If living standards rise and debt levels drop due to increasing efficiencies and productivity then we should allow Prices to fall. Wont that take care of inequality and living standards?
Technology causes Price of Goods and Services to fall. Not rise. Yet the Fed says its inflation target is 2% which means Prices are always supposed to grow no matter what innovation happens or its speed. This makes no sense.
If living standards rise and debt levels drop due to increasing efficiencies and productivity then we should allow Prices to fall. Wont that take care of inequality and living standards?