I was thinking the same how deflation is good for society? Reducing costs of production, increasing efficiency and having decent market competition brings prices down and technological progress enables all of that.
Not anytime soon prices will be so low that all people can afford everything they want. Luxury goods and premium pricing are here to stay.
Maybe he was referring to Trekonomics: The Economics of Star Trek [1]. Post-scarcity moneyless society.
Here is excerpt from Wikipedia: "The third chapter talks about the replicator, the machine that makes Star Trek's post-scarcity possible. Post-scarcity's meaning is the infinite social wealth. The replicator is as a metaphor for automation, and an endpoint of the industrial revolution. Crucially, in the Star Trek's society it and its produces are public good."
Not anytime soon prices will be so low that all people can afford everything they want. Luxury goods and premium pricing are here to stay.
Maybe he was referring to Trekonomics: The Economics of Star Trek [1]. Post-scarcity moneyless society.
Here is excerpt from Wikipedia: "The third chapter talks about the replicator, the machine that makes Star Trek's post-scarcity possible. Post-scarcity's meaning is the infinite social wealth. The replicator is as a metaphor for automation, and an endpoint of the industrial revolution. Crucially, in the Star Trek's society it and its produces are public good."
[1] https://en.wikipedia.org/wiki/Trekonomics