RE: Essentials get more expensive, non-essentials cheaper
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Great breakdown. The divergence between essential and non-essential price trends does seem too consistent to be accidental. Do you think this is driven more by policy, corporate strategy, or technological deflation in certain sectors? And where does crypto fit in—as a potential equalizer or another layer of exclusivity?
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You raise a great question. My only concern is digital ID social systems and Cryptos based on CBDCs where, despite Blockchain being decentralized, the CBDC infrastructure is designed in a way where banks control the crypto that will essentially be the new currency for commerce.
Digital ID? Your entire life under one ID? For all to see? I don't like it. Because going full on digital opens up the door for controlling the populous.
CBDC = Central Bank Digital Currencies