“The poor get richer” this is something a lot of people need to understand.
Poverty is being reduced like never before in history (except in a few places like Venezuela) and technology takes great part in this.
Imagine everyone having quantum computer power in their pockets. Or, implanted in their own brain.
About things being cheaper, I think only in technology. Thanks to fiat’s inflation things get more expensive, but since technology advances exponentially, it gets cheaper.
BINGO!
you got it.
I blame public education and the FUDcurrs for the misunderstanding of the general public.
Today..right now...everyone in 'developed nations' (other than the mentally ill living on the street) are far richer than anyone alive a mere hundred years ago...
and they don't even realize it.