Re:The Ultimate Guide to Inflation
by teitoklien on Monday May 10, 2021 @01:12AM
(#27102932)
The digital version of goods indirectly does cause inflation.
When you have a surge of users and you got more servers in aws, EC2 prices increase for the on-demand instances , aws buys more servers , the more customers it gets , which means more metal excavation , more semiconductors , more minerals , more trucks to move these things , more fuel to move the trucks , it goes on and on.
Also money gets turned into profit , which is then paid to employees , executives , founders.
Who then go on to pay into other items that are non digital (houses , cars , premium cereals lol), which then do cause inflation.
Until all goods are digital , every digital product still indirectly causes inflation using its non digital items , because all of em are transactions between humans.
And all goods can never be digital , because you still need non digital items to run the digital goods on.
When you have a surge of users and you got more servers in aws, EC2 prices increase for the on-demand instances , aws buys more servers , the more customers it gets , which means more metal excavation , more semiconductors , more minerals , more trucks to move these things , more fuel to move the trucks , it goes on and on.
Also money gets turned into profit , which is then paid to employees , executives , founders.
Who then go on to pay into other items that are non digital (houses , cars , premium cereals lol), which then do cause inflation.
Until all goods are digital , every digital product still indirectly causes inflation using its non digital items , because all of em are transactions between humans.
And all goods can never be digital , because you still need non digital items to run the digital goods on.
So inflation continues.