Technology significantly reduces production costs and improves efficiency, resulting in increased productivity. This can be observed across various industries. For instance, in 1950, it took 500 to 1,000 workers to produce 10 cars per day in a typical factory. Today, advancements in automation, robotics, and assembly line technologies have enabled the same factory to produce thousands of cars per month with less labor. This pattern of achieving more output with fewer resources applies to nearly every industry, from machine parts, soda cans, agriculture, and more, making production cheaper and more abundant. However, despite the downward trend in production costs and increased availability, many goods are becoming more expensive in USD terms. Take the example of a can of soda, which costs more today than it did 10 years ago, despite it being easier to produce and more abundant than ever before. This can be attributed to the continuous printing of new money that enters the system at a ...