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Economics Fulfilled?

Jordana-de-Wyt
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4/30/2019 1:34:33 PM
Posted: 4 months ago
If soceity, Or rather a specifc nation, Found a way to provide for its citizen at such extremely low costs it would surely crash their economy would it not?

Now lets say it did (for the sake of the thread, Lets say this country has no debts), Would this render economics redundant?

They would not need to make much money since cost of living would be so low.

In such a scenario:
- How would life work out within this society?
- How would the rest of the world, Which does not have this secret of low cost production of essential goods, React?

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