I struggle with the concept of technology being deflationary.

Obviously as technology increases making things gets cheaper, but I'm not sure that we as consumers are seeing that deflationary benefit. Sure, TVs are cheaper now, but we also need to replace way more often. Printers are crazy cheap but ink is insanely expensive and now HP requires a monthly subscription to extract even more from us. Smart phones are way more amazing, but somehow everyone is still paying a ton on plans and devices. Laptops are definitely cheaper than they were, but now so much software is subscription based. So while it is actually deflationary, I'm not sure the outcome is deflationary for consumers.

You'd think in 2025 only 1 in 1000 people would actually need to work to keep everyone sheltered and fed, but no, we're all just plugging away 40 hours a week.

Anyway, totally not the point of your post, I do wish we could teach kids how to use compound interest for their retirements and get them really locked in - but so many people benefit from us not doing that (Hello Amazon hiring retirees that ran out of money).