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    Money 101: Too Much Money Chasing Too Few Goods And Services

    (85)inLeoFinance•
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    Inflation is commonly thought as "too much money chasing too few goods and services".

    In this video, we discuss this concept in the digital age. When we look at software, this changes everything.


    ▶️ 3Speak

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    • outwars profile picture
      outwars profile picture(72)

      This is interesting. People are so used to thinking that money buys material things like a phone, car, and a house. There are software, but they are usually few and far between. Things like Windows OS and applications, mobile apps, and smart TV apps. But with the current development, there could be FSD, and AI software that can offer a whole lot of capabilities.

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      • hive-lu profile picture
        hive-lu profile picture(65)

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        • jammyjtr profile picture
          jammyjtr profile picture(55)

          It's really worth my 16 minutes, I do get what your saying, I do think it's constraints to digital and entertainment industry that inflation will not occur. Even though technology put people out of work at it is meant to do, production will increase but that doesn't really put the theory to rest as money value will also increase in the long-run and possibly counter the products in circulation, because more products equals more money in my understanding. Love to get a reply.

          A quick question, what's the safe haven for the common to still hold value in the technology advancement era that we ate living in today?.

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          • revolverocelotyt profile picture
            revolverocelotyt profile picture(61)

            The concept of inflation changes when it comes to today's digital landscape indeed.

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            • uyoho profile picture
              uyoho profile picture(64)

              So, with technology and AI, we won't feel the sense of victimization by inflation.

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              • ai-summaries profile picture
                ai-summaries profile picture(-3)(1)

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