Inflation, is the simple answer. But what causes this? Why couldn’t society just keep on keeping on with prices? Examples, a $0.25 for a candy bar, $0.75 for a fast food burger, $30k for a home etc. It worked then, so why not now, why not just agree to lower the prices of everything?
In: Economics
Peak oil. It’s an input for everything in the modern economy, and the use of it destroys the planet, which wrecks the economy and its inputs, making everything more expensive to produce and more scarce.
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