One of the better things about our fiat monetary system is that things get over produced. No matter what the latest technology is, everyone rushes to it and tries to get into a dominant position in the market. The result is banks lend huge amounts of money into new technology, new factories and research facilities are set up and the new technology business booms. The trouble is there will be too many players in the market, the economics of scale will drive production and the market will get flooded with too many products. Many of the players in the market then go bust.
Wanton debt laden fiat money extremely wasteful of the world’s resources, and causes havoc, but there you go, it’s where we are , at the moment.
So if you wait a year or two, usually about a year, you can scoop up the new (but now “old”) technology for cents on the dollar. This is one of the primary reasons this site exists. A secondary purpose of the site is to help save the planet.
This site is running on new technology at the moment, but I hope to be running up some older technology soon.
I used to really like listening to James Burke talk about technology when I was a youngster. he was popular on a number of TV broadcasts. Still like to hear his view now I am slightly older.
Connections S01E01 The Trigger Effect
If that like doesn’t work, try this one.
Lots of weird 911 facts to check here.
Think it’s crazy? Here is more from S.P
And look carefully at Ole Dammaguards video at 1hr 20 mins to 24 mins. It should be an eye opener if you never have reviewed this material before.
It’s all worth watching in full of course imho. Prepare to be shocked and awed if you are previously unaware of this content.