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Joined 3 years ago
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Cake day: September 17th, 2023

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  • That’s false on multiple levels.

    For one, median real wages have been fairly stable and in fact have modestly increased in recent years, meaning wages did in fact increase alongside prices and you (or at least the median American) did “get more dollars.” This is no surprise - if there is inflation because money loses value, then the price of labour increases just as the price of goods and services does.

    Secondly, the deliberate government policy is to aim for modest inflation of a few percent since the economic consensus is that this is beneficial for financial stability. So inflation is not a bug, it’s a feature. For the most part, monetary policy has been successful in achieving this goal in recent decades, aside from a brief inflation spike during Covid.

    Finally, prices have not “skyrocketed” at all, not even during the Covid inflation spike, this is just hyperbole.







  • The Planck units are a choice of natural units relevant to cosmology. They aren’t the smallest or largest of anything. The Planck mass is roughly the same as that of a fruit fly.

    In our current established theoretical framework, there is no reason to presume that either time or space are discrete, nor is there experimental evidence for it.