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Technological advancementshave impacted just about every facet of our lives.
Below, youll find Kenneths video, as well as a conversation withMichael Ashton, aka Inflation Guy.
So, for example, right now, these are 90.
Lets say around 6:00, or during the busier time, these will go up to a dollar.
Theyll fluctuate based off of demand.
So these are connected to the WiFi and to the registers.
Once the inventory on these items becomes low, the prices will start to shoot up to $1.20.
Um, theyre gonna start incorporating all these all over.
So its pretty crazy.
Ill come back later on in the day and youll see this go up and down in price.
Youll see it go as low as, like, 89, which is pretty crazy.
And then the little fine print, 10% at register.
Check out 10% on top of that, on top of the taxes.
Yeah, it should be illegal.
And one of the absolute worst parts of buying groceries is seeing the bill at the end.
Michael is the founder ofEnduring Investments LLCand was kind enough to have a chat withBored Pandaabout this topic.
All businesses, in fact, operate this way.
Once they started using iPads, restaurants could change prices very easily, and they did.
Michael says that, once we have digital pricing in grocery stores, prices will change much more frequently.
But this isnt necessarily a bad thing.
But youll have to be on your toes.
Wouldnt it be great if there was a currency that was always worth $1 in TODAYS dollars?
Whatever you could buy today with $1, you could buy next year with $1?
Chile has had such a currency since the 1960s called the Unidad de Fomento.
My partners and I are working and will soon launch a digital currency that does the same thing.
Check out the results:
