3 ms·
There's asset price inflation, productivity growth, technological growth, and population growth. I'm not sure why anyone thinks we need more people. Humans ma
by onlyrealcuzzo 4y ago
There's asset price inflation, productivity growth, technological growth, and population growth.
I'm not sure why anyone thinks we need more people.
Humans make up 34% of all land biomass.
There are physical limits to technological growth. We're already getting close to the physical limits for how good a lot of things can get. Short of living in a fairytale, I'm not sure what people are hoping for.
Productivity growth is predominately going to come from technological growth. However, much of the world is ridiculously under-invested in. We have generations of growth left here. Why do we need more people when ~70% of the world is ridiculously under-invested in?
Asset price appreciation is good if you own assets - bad of you want to buy them. In an ideal world, I think assets would be valued based on some kind of sense - not whatever central banks decide.