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Financial markets are fueled by growth. Growth in real terms (not merely inflation) requires increases in GDP which requires real output by people at it's core.
by bot403 1y ago
Financial markets are fueled by growth. Growth in real terms (not merely inflation) requires increases in GDP which requires real output by people at it's core.
I'd be worried about expected financial growth of any retirement fund over the long term if population is flat or declining.
- tremon 1y agoFinancial markets are fueled by growth Infinite productivity growth is just as detrimental to society as cancer is to the body. We need more sustainable economic models.