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Has anybody written anything cogent about economic regimes where transmission costs >> production costs? Cheap Chinese goods Bottled beverages Returns under ~$30 (in US) Crypto transactions with token values < fees Language! (words are free to make, but distribution has costs)
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I have a hypothesis that the entire economy is shifting to this regime as a share of transaction volume. Economic value is increasingly a function of transmission “distance” and there is a sort of non-fungible cantillon effect along the distribution pathways of everything.
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