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And Federal Reserve officials laugh when people suggest their policies and currency debasement causes declining birth rates. Their inflationary policies and inc
by aceon48 8y ago
And Federal Reserve officials laugh when people suggest their policies and currency debasement causes declining birth rates. Their inflationary policies and increasing cost to live absolutely affect the ability and willingness of people to have children.
- pmiller2 8y agoI don’t think 3% inflation is affecting anybody’s willingness to have children. Do you have a source for that?
- x220 8y ago3% isn't much, but over, say, 20 years of constant 3% inflation, that's 80% inflation total. Now this is just a quick math example and it's not the real situation, but it goes to demonstrate that over time inflation has a large effect. You could argue that over time this huge effect of inflation along with the stagnation of wages makes it so that people can't support previous standards of living, including supporting children. That's just my two cents--I haven't taken a single class on macroeconomics.
- 52-6F-62 8y agoOn some significantly higher level you might have some aspects correct, there. That said— I'm Canadian.