Sunday, May 4, 2014

Inequality

is not a problem.  It is a driver of progress.

Okay, but what about forced artificial scarcity?  FARTS, for short, describes a lot of what is happening in this economy.  There are those who think that artificial scarcity is a good thing because it holds prices higher.  There would be too slim of a profit margin without the scarcity.

Things are being held back, in my opinion.  That's how the socialists can then start complaining about inequality.  They'll note that there isn't any progress, so we'd better start redistributing wealth.  The trouble is, they are the ones obstructing progress, so they can profit off of it.



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