Hacker News Reader

How can you possibly explain the world getting massively materially richer then ?

Are the new drugs we create immertial ? The better faster processor abstract ? The energy we produce unreal ?

We haven’t stopped extracting materials or producing goods. In fact, there are about 7 billion more people now than in 1800, dawn of the industrial age. We are hundreds if not thousands of times more productive in terms of work than in the pre-industrial age.

However, most of our so-called ownership begins in a fiat currency that is essentially a company token.

https://wtfhappenedin1971.com/

Reply on news.ycombinator.com