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Preston Pysh & James Davolos | Bitcoin, Inflation, and Hard Assets | Swan Signal E97
Swan Signal Live - A Bitcoin Show
The Chances of a Productivity Boom?
Preston: If we could somehow have a productivity boom here, and I'm honestly, I guess I'm kind of an optimistic person. But the math is just difficult because let's just assume web three or AI or one of these technologies create this massive windfall of productivity. And so if that's the formula, then it doesn't really get us any where we're still kind of standing still. Preston: The ultimate tool that prevents creative destruction from happening is quantitative easing, followed by universal basic income. Those tools are the end of the road for a free and open functioning economy. So what actually provides creative destruction to an economy as it's going through this phase transition? It's
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