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Actually my statement doesn't depend on exponential growth. If in future GDP were to switch from exponential to logarithmic growth, debt would still be servicea
by MarkMc 9y ago
Actually my statement doesn't depend on exponential growth. If in future GDP were to switch from exponential to logarithmic growth, debt would still be serviceable as long as it also switched to logarithmic growth.
- hn_throwaway_99 9y agoCome on, that's silly. At some point, for all intents and purposes in the real world, logarithmic growth would essentially mean "no growth". Splitting hairs between the continuous math and the math to a reasonable level of precision doesn't add clarity to your statement.
- MarkMc 9y agoOK maybe over hundreds of years US GDP will go from exponential growth to linear growth, to logarithmic growth, to eventually "no growth". If total debt mirrors this trajectory, can't the US government continue repaying its debts over this period, even at the "no growth" stage?