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The idea we have of "Generational Wealth" depends on compouding returns and compounding returns require perpetual economic growth which is something that in a s
by elzbardico 2y ago
The idea we have of "Generational Wealth" depends on compouding returns and compounding returns require perpetual economic growth which is something that in a sufficiently long timeline is simply not possible.
Also, on capitalism, economic growth is also dependent at some level on population growth.
Eternal life would probably require some kind of socialism.
- robertlagrant 2y agoWell, generational wealth only continues to work if you continue to provide value, somehow. Your money gets inflated away otherwise.