Why does the global economy require infinite growth?
Why does the global economy require infinite growth?
because if you dont have children you die.
Look at south korea. Theyre dead.
that growth is really just the slow debasement of the currency, 2-3%/yr of growth is loss of purchasing power
isnt inflation like 1% per year
for line to go up and not all the uncovered credit assets to go to 0 it requires infinite growth.
Can you please either explain how this works or provide books that explain how it works? I am trying to understand this topic so I can figure out a way to get rid of the infinite growth economy that is making life hell for everyone.
But we don't need 8 fucking billion featherless bipeds. 500 million northern Europeans is more than enough people for this planet.
believing official numbers
All inflation numbers from every government in the world are fake.
so I can figure out a way to get rid of the infinite growth economy that is making life hell for everyone.
Just stop printing money. That's it.
If the government never prints money you can have literally 5% accumulated inflation in a century.
capitalism requires infinite growth because shareholders expect infinite growth in profits.
If you live in a society with negative birthrates like japan your economy is in a permenant sort of malaise. Its fine, people wont die, but the shareholders are not happy.
This is just half true. Shareholders expect infinite growth because inflation is a thing. You NEED infinite growth to offset inflation.
In a economy without inflation (aka without money-printers) any shareholder can expect a constant and valuated return of money for decades to come.
oh you mean crony capitalism.
Demand is constant or growths.
Low demand is literally a problem of inflation.
Populations decline because survival and reproduction become expensive. Again because inflation.
no they cant thered be more economic crisis more often but theyd reflect the lunar cycle ir something. Itd just be more of the ol market anarchy but with more anarchy.
You can look at mid 19th century history for reference.
In the future people will become a huge problem, AI and robots will make most people redundant..
People getting kicked out from the wage-slave plantation will just become neo-niggers. It will become a ghettofication of society, morph into idiocracy (if we are still a democracy).
what a weird faggot
literally just google it
"noun
noun: capitalism
an economic and political system in which a country's trade and industry are controlled by private owners for profit."
Are you stupid or something?
Population declines BECAUSE inflation, fucking nigger.
No inflation = no population decline.
No it cant. How are more profits generated? You expand into new markets, produce what you do more efficiently or make your labor market more competitive so workers produce more for less. If you cant do any of that because there are no new innovations and no more you can pickpocket from workers, then shareholder value stagnates
The global economy doesn't "require" infinite growth, it's an emergent phenomena caused by infinite money printing increasing the price of commodities when the cost to produce them becomes cheaper due to technological advancements, and genuine value increase of corporations as they use their profits to expand their capability. Measure everything in bitcoin and prices only go down, despite everyone's quality of life and global value, (or the "economy", a boogeyman the term doesn't mean anything) improving every year.
back to your janny tranny room you unmitigated faggot. Take your fucking meds.
I don't get how not printing money blocks innovation. Printing money was invented on the 20th century. We didn't have innovation before that?
Is this a new Marxist derangement or something?
you need new suckers to hold bags
most governments target 2% and it's run materially above that since 2022
The first LLM (ChatGPT) came out 2½ years ago..
You don't even have to be retarded to see where this is headed.. 5-10 years from now, 20 years from now? Shit is gonna be unrecognizable.
i dont like the idea of a no inflation bitcorn becoming currency either. Thatd mean elon musk could just put his money in a savings acount and live like royalty for 10 generations.
ideally thered be slight money printing to fix the sudewalks and such.
LLMs have hard hermeneutic spiral caps
They are unable to innovate, create new "neuronal relationships" find new paths through logic trees without innovative human input that know how to create coherence propagation. an LLM can by definition NOT extend its latent spaces, only a "fine tuning" human can create new relationships and paths through logic trees and fill the blanks
I made llms meow in the border regions of its latent spaces in one week shitposting into them, funnily enough it can be seen on the charts of its "intelligence". And I'm going to continue to fill every last blank region an llm has with cats and shit. And I wont share my methodology.
When I'm done, llms are going to be the most uncooperative useless, lazy digital cats that exist. Garfield telling you to go fck yourself, no matter what you ask
2 major key drivers of this "infinite growth" economy would be the need for more humans
1. another human for greater capacity for productivity
2. another human to take on debt to expand the money supply
For the last 100+ years this has been the norm, but now we're entering a technology age where we can break the link between humans & productivity. The use of humanoid robots to fill jobs & productivity roles will be the next great driver of economic growth.
because Keynesian economics requires infinite growth just look that up
Bitcoin has the difficulty adjustment that can go both ways so it doesn't have the infinite growth problem.
what is demand
you austrian mongos are as worthless as the marxist and keynesians
what about demand?
Typical austrian retard
I wont help you. Good luck figuring it out while you waste time, energy and capital on authentication tokens of distributed databases that cant scale and have no use case outside of extorting boomers and let boomers pay for csam
You can't even explain your point kek
What financial system/instrument are you trying to imply is at work here?
natural deflation. less people less demand
and especially for crapto
less stupid money (boomers dying) less demand.
Supply doesnt matter, if the product is considered a scam
500 million northern Europeans is more than enough people for this planet.
Sure but you need to actually maintain that population with at least 2.1 kids per couple.
at least 2.1 kids
considering boomers refused to recreate and just have themselves subventioned by non existing children, Millenials had even less incentive to recreate and zoomers have non to recreated. Alpha beeter has to shit out 12 kids by the age of 21 on average or the trend for the next 50 years is set in stone
Who cares if things slow down for a minute the current trajectory is 3rd world low quality inflation hell.
Living standards come from kWh per person, austrians build strong methodical economies, not this 3rd world brown WEF eat the bugs slop.
Because line go down bad
who cares
everyone whose assets are used as collateral for loans, like every mortgage owner, every 401k boomer, every crapto mongoloid, every shiny rock retard.... the domino day, all assets go to 0 because debt is not just uncovered but is defaulting
And no
Austrians refused to consider demand, and are behaving like marxist in that regard. So their theories are worthless in environments where natural deflation occurs
Greatest transfer of wealth in history, bitcoin is going to rip because it can't be devalued or confiscated like everything else.
What do you mean consider demand? lol
you are a retard
Again, the stupidest money is the last sucker, boomers. Nobody else gives a shit about crapto anymore. Millenials abandoned it, Zoomers never were into it, just shitcoins, and Alpha are mocking it. Only Boomers have recently started to buy bags, when boomers have become a deflationary generation with 2020. So big brain, how is there going to be more demand for your bag when boomers are not growing and nobody else wants your bag because its considered a scam
Seriously Michel Saylor is the most realiable red flag for any asset. Be it trashbonds new economy ponzis or crapto. If he is in, everyone with a brain is out
Trump wants 1m coins, Zoomers want UBI
Where else wold you put your money besides BTC?
Oh I see, not even a austrian, a straight out brain dead marxist
there is nothing
congratilation marxist
you hold all the monies
monies is now worthless
but because their is natural deflation all assets are worthless as well
damn, you really fucked yourself
you hold all the monies
Anyone anywhere in the world can work for bitcoin, sell/buy anything in bitcoin, and mine bitcoin provided you can produce electricity cheap.
Why does this make you so angry?
Its been an open network for 15 years, and if people decide this 3rd world shit isn't great just pull the plug, get rich, and restart.
But nobody does
well you got fucked nobody wants to work for monies, nobody wants to work for buttcorns and natural deflations makes assets go down
again, you fucked yourself marxist
who cares people who maximize liquidity are jewish insiders who need to get liquidated.
austrian economists just made a comic book about hitler and said the economy is god.
who cares. Idiots like you that bet on unscalable distributed databases that everyone with tow brain cells considers scams
Hitler wasn't an austrian economist he used MEFO bills as debt instruments which were similar to DEI-ESG except they incentivized White German society instead of 3rd world brown invasion.
What I think the future of the world economy is going to be is Bitcoin as the bancor currency, and then different areas utilizing powerplant ecash that can offer debt instruments independent of the world BTC economy.
This way each area can own a percentage of their power generation and then guarantee their offspring get the loans so WEF niggers and kikes can't do this again.
ahahahahaha
you are really a socialist, a dirty fucking marxist
that explains even more why buttcorn and crapto died as a fashion trend. Only socialists and boomers care
thats the absolute dead for an asset class
I will remember this, pleb
You will be denied entry to the citadel.
frog poster
yeahhhh
you are stuck in 2016
you are what obongo poster were in 2014
delusional freaks
2-3%/yr of growth is loss of purchasing power
M2 money supply has risen ~6% YoY on average, not 2-3%. CPI underreports it as it focuses on goods the government heavily subsidizes like food crops.
A mix of old people needing to be sustained and interest payments on debt; both requiring an ever increasing productivity base, the easier way to achieve it being having more people.