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Are you talking mainly to things like consumer goods being bought more and more specifically because there are more people? Or systems that are basically N peop
by cashewchoo 6y ago
Are you talking mainly to things like consumer goods being bought more and more specifically because there are more people? Or systems that are basically N people paying for M people like Social Security (where N = number of workers and M = number of retirees) where N and M need to roughly stay the same ratio?
Or something else?
(More generally - I find your comment intriguing, please do go on!)
- deleted 6y ago[deleted]
- jackcosgrove 6y agoThe latter, there are fewer workers per population than in the past. This means supply falls relative to demand since the growing population is seniors with savings. That leads to higher prices. When demographics are in your favor, a youth bulge places fewer demands on society. Now we can tweak things to make them better. However the demographic megatrend is mostly set in place and there's not much we can do to reverse it.