Re:The Ultimate Guide to Inflation
by boomboomsubban on Sunday May 09, 2021 @08:03PM
(#27101104)
From the second sentence of the article
>Post-scarcity does not mean that scarcity has been eliminated for all goods and services, but that all people can easily have their basic survival needs met along with some significant proportion of their desires for goods and services
Re:The Ultimate Guide to Inflation
by globular-toast on Monday May 10, 2021 @08:13AM
(#27105105)
Do you buy as much milk as you can afford? Most food is way beyond scarcity at this point.
Re:The Ultimate Guide to Inflation
by BurningFrog on Monday May 10, 2021 @10:07AM
(#27106108)
No, but I buy more ribeye steaks and restaurant meals than I need.
I'm of course way beyond fearing starvation, but there is still no real upper limit to my food expenses.
I'll believe the Post Scarcity Economy only when I see it.