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A comment on Economic Reality. Parent comment
If the car is 1/4 the price[0], that's a wash on the income of the worker. A huge benefit to society, but a wash for that guy.
[0] in real terms, i.e. normalized to cost of living
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If the car is 1/4 the price[0], that's a wash on the income of the worker. A huge benefit to society, but a wash for that guy.
[0] in real terms, i.e. normalized to cost of living