Inflation, The Gift That Keeps On Taking
Inflation: The Law of Diminishing Returns
Carbon Taxes - Pouring more gas into the car won't make it go any faster. This is the law of diminishing returns.
Also called "diminishing marginal productivity," the law of diminishing returns is the idea that the more you use something,
the less value you get from it. We refer to diminishing returns only as "getting less out of each new thing."
Can you afford that kind of "dough"$ ?
The law of diminishing returns depends on the concept of an "optimal results". You can't get any more efficiency
from the system where everything and everyone is working flat out at 100%. Diminishing vs. Negative Productivity
produce and cause "Diseconomy of Scale", once know as fair trade, or in the trades, an equal day's work for
an equal day's pay. Then suddenly the price of gas skyrockets! It effects the economy of scale adversely.
This means inflation. Eventually the population would outgrow its ability to feed itself.
We learn to live with lower expectations. We suffer a sliding scale.
"Green" Wheel Barrow Full of Bricks of 'Dough" to Buy a Loaf of Bread
Would be cheaper to build a house with it...
The cost of "bread" valuation of bricks of cash = 1000 x the cost of 100 years ago.
https://www.thestreet.com/politics/law-of-diminishing-returns-14831243
dr. π (pi)
.
Carbon Taxes - Pouring more gas into the car won't make it go any faster. This is the law of diminishing returns.
Also called "diminishing marginal productivity," the law of diminishing returns is the idea that the more you use something,
the less value you get from it. We refer to diminishing returns only as "getting less out of each new thing."
Can you afford that kind of "dough"$ ?
The law of diminishing returns depends on the concept of an "optimal results". You can't get any more efficiency
from the system where everything and everyone is working flat out at 100%. Diminishing vs. Negative Productivity
produce and cause "Diseconomy of Scale", once know as fair trade, or in the trades, an equal day's work for
an equal day's pay. Then suddenly the price of gas skyrockets! It effects the economy of scale adversely.
This means inflation. Eventually the population would outgrow its ability to feed itself.
We learn to live with lower expectations. We suffer a sliding scale.
"Green" Wheel Barrow Full of Bricks of 'Dough" to Buy a Loaf of Bread
Would be cheaper to build a house with it...
The cost of "bread" valuation of bricks of cash = 1000 x the cost of 100 years ago.
https://www.thestreet.com/politics/law-of-diminishing-returns-14831243
dr. π (pi)
.