Mentioned it as a comment; reposting here because it fits into what you mention: I am wondering how much of an impact modern money policies have had on this "pe

Mentioned it as a comment; reposting here because it fits into what you mention: I am wondering how much of an impact modern money policies have had on this "perceived" (???) deceleration, i.e. through a growing government bureaucracy that is siphoning off productivity by deluding the overall purchasing power of the population, gold as money standard and all of that...? Secondly, what about demographics – is an aging population with a smaller amount of young people more risk averse and prone to regulating everything to death?