- Joined
- Dec 17, 2021
Tim is a brainlet and probably believes that as long as money is being transacted and things traded the economy is healthy and going in a good direction. That's a faulty way of thinking because at some point you have too much bullshit and not enough substance.What I'm trying to get at is that Tim is effectively saying (and more then likely unintentionally saying) that the economy can keep growing solely on commodity items. I don't think he actually believes this, just something he said trying to make a point with out thinking about it.
That being said the majority of the economy is usually made up of what most can describe as bullshit. Sure, you can take it to the extreme of something like the "Supreme" logo but even outside of that once clothing is anything but functional only you're paying for some level of bullshit. If that wasn't the case we'd all be wearing generic jumpsuits designed for utility only, we'd all drive some soviet style shit box that only took one specific function into account, and we'd all live in pods and eat nutrient paste. That isn't the case because we assign completely subjective and arbitrary value to various factors that might not have any utility to us at all besides they make us feel fuzzy.
The economy will always be a mix of these things, but will become unstable if one factor is considered too heavily and other factors are disregarded as being valueless. So while you can't have infinite growth just by means of microtransactions, they can definitely contribute to economic growth for a period of time while other things ebb and flow in their own sectors.