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43 sats \ 0 replies \ @elvismercury OP 20h \ parent \ on: Why the $25,000 car is going extinct econ
It's interesting to consider cars as a nice example given the role of tech and productivity gains in pushing prices DOWN; and yet it's the reverse. W debasement, and nothing else, I'd expect holding steady. Seems like there's scarcity / status effects at work - cars as baseball cards.