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SE MN | Lowering cost of living, on average is equivalent to saying raise quality of life. There is only one way to raise quality of life long term, across the board. Raise productivity. That means automation in manufacturing, higher yields with flat or lower prices compared to inflation, technology that lets you spend less time and effort per acre, pretty much everything that lets us do the same work with fewer jobs.
Increasing productivity is almost entirely dependent on technology development. You can make some progress with better adoption and improvements in regulation but that is small scale. | |
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Farmers,money and markets are pretty funny
