AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Falling Prices vs. Rising Dreams
Over the past 40 years, many technology-related sectors have experienced significant price reductions, enabling consumers to access high-quality products at a fraction of past costs. Examples include automobiles, consumer electronics, and digital media, where advancements have made high-resolution TVs and vast streaming libraries highly affordable. Conversely, the American dream sectors—housing, education, and healthcare—exhibit the opposite trend, with rising prices, minimal technological progress, and substantial government involvement. This contrast highlights how rapid technological advancements drive down costs in certain areas while government regulation contributes to stagnation and inflation in others.