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RE: The Challenge For Businesses In The Age Of Demonetization
The world of chemistry is seeing advancements that is pushing the prices of items down. This will only grow in the years to come.
While that could be true for the developed economies, we in the developing "corrupt" world are experiencing the opposite. Our economy is dwindling daily and $1 cannot as at today buy a plate of food. That's terrible. Though we are also looking forward to these technology, the elites already make it so expensive, unexplainable.
I dunno which hypothesis this position of yours is supporting, the case seems different from this end of the world. Things are getting costlier by the day.
Posted via Steemleo
It is temporary. A lot of economies have not hit the inflection point where the technological advancement is penetrating enough of society.
However, it is still less expensive today than decades ago. When we started with the Internet in the 1990s, there was a lot more cost to it (and it wasnt as good).
Watch for edge computing and mesh networks to make a big difference in countries such as yours.
Posted via Steemleo
I hope it turns out to be true. Thanks for those consoling words.
Posted via Steemleo