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With global population stagnating in the coming decades I wouldn't bet on inflation staying the same. I think it's more likely that we are headed into a deflati
by monomers 3y ago
With global population stagnating in the coming decades I wouldn't bet on inflation staying the same.
I think it's more likely that we are headed into a deflationary crisis worse than 1930 Germany.
- Mat3777 3y agoHave you seen UN projections about global population increasing?
- monomers 3y agoPractically all models estimate peak population to happen somewhen in the second half of the 21. century. And most countries outside of Africa are likely to go the way of Japan far sooner.
- midoridensha 3y agoJapan's birthrate (~1.3) is about the same or only slightly worse than most Western nations. The US is about 1.6. The one that's really eye-opening is South Korea (~0.8).
- delfinom 3y agoPopulation increases in India and Africa have no impact on the economic catastrophes pending in the Western world and Asia.
- kaashif 3y agoPopulation increases in immigrant source countries have no impact on the economies of the largest immigrant destination countries?
- WeylandYutani 3y agoPopulation stagnating is what keeps everyone in my country employed even in a recession. Take a look at India or the Philippines: everyone is replaceable and life is not a scarce resource. Companies hate it though. They want cheap workers instead of competing for employees.
- monomers 3y agoOh, I agree. There's many good reasons to celebrate population stagnating: economic, social,ecological. But it's not going to be a painless transition from the last 2-300 years of a system predicated on growth.