Home › Forums › Financial Markets/Economics › Sustainable growth limits
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davelj.
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February 18, 2010 at 8:25 AM #515319February 18, 2010 at 3:16 PM #514588
davelj
ParticipantAnd the solution to this “problem” (if you accept that there is a problem, that is) is so simple: Stop reproducing.
February 18, 2010 at 3:16 PM #514731davelj
ParticipantAnd the solution to this “problem” (if you accept that there is a problem, that is) is so simple: Stop reproducing.
February 18, 2010 at 3:16 PM #515151davelj
ParticipantAnd the solution to this “problem” (if you accept that there is a problem, that is) is so simple: Stop reproducing.
February 18, 2010 at 3:16 PM #515240davelj
ParticipantAnd the solution to this “problem” (if you accept that there is a problem, that is) is so simple: Stop reproducing.
February 18, 2010 at 3:16 PM #515484davelj
ParticipantAnd the solution to this “problem” (if you accept that there is a problem, that is) is so simple: Stop reproducing.
February 18, 2010 at 3:43 PM #514598
barnaby33Participantdevelj I’d amend your formula as such: Productive Population Growth + Productivity Growth. Ethiopia had a population explosion in the 80’s, but it wasn’t productive. In fact it dragged Ethiopia down, (as does much of Africa’s population) relative to each countries economic capacity.
Money is merely a yardstick for measuring and helping to distribute wealth. Pick the system you like best. As davelj pointed out each system has its pros and cons. The last 20 years have seen some amazing growth as well as a horrid collapse.
At this point the usefulness of a monetary system should be measured by its ability to help us sort out the pyrrhic growth from the useful. The system we currently have, as its currently constituted, is not well suited to that task.
I’d like to say I have a neat answer but I don’t. The fiscal restraint forced by a gold standard would be a good start, unfortunately we couldn’t fight any wars or fund our social entitlements. There are many out there who in a vacuum think thats a good thing, I’m not so sure.
The best system I can imagine is one in which those who print the money aren’t doing so for political favor and have real regulators watching not just what they do, but who benefits. I suppose that is just a fantasy.
JoshFebruary 18, 2010 at 3:43 PM #514741
barnaby33Participantdevelj I’d amend your formula as such: Productive Population Growth + Productivity Growth. Ethiopia had a population explosion in the 80’s, but it wasn’t productive. In fact it dragged Ethiopia down, (as does much of Africa’s population) relative to each countries economic capacity.
Money is merely a yardstick for measuring and helping to distribute wealth. Pick the system you like best. As davelj pointed out each system has its pros and cons. The last 20 years have seen some amazing growth as well as a horrid collapse.
At this point the usefulness of a monetary system should be measured by its ability to help us sort out the pyrrhic growth from the useful. The system we currently have, as its currently constituted, is not well suited to that task.
I’d like to say I have a neat answer but I don’t. The fiscal restraint forced by a gold standard would be a good start, unfortunately we couldn’t fight any wars or fund our social entitlements. There are many out there who in a vacuum think thats a good thing, I’m not so sure.
The best system I can imagine is one in which those who print the money aren’t doing so for political favor and have real regulators watching not just what they do, but who benefits. I suppose that is just a fantasy.
JoshFebruary 18, 2010 at 3:43 PM #515161
barnaby33Participantdevelj I’d amend your formula as such: Productive Population Growth + Productivity Growth. Ethiopia had a population explosion in the 80’s, but it wasn’t productive. In fact it dragged Ethiopia down, (as does much of Africa’s population) relative to each countries economic capacity.
Money is merely a yardstick for measuring and helping to distribute wealth. Pick the system you like best. As davelj pointed out each system has its pros and cons. The last 20 years have seen some amazing growth as well as a horrid collapse.
At this point the usefulness of a monetary system should be measured by its ability to help us sort out the pyrrhic growth from the useful. The system we currently have, as its currently constituted, is not well suited to that task.
I’d like to say I have a neat answer but I don’t. The fiscal restraint forced by a gold standard would be a good start, unfortunately we couldn’t fight any wars or fund our social entitlements. There are many out there who in a vacuum think thats a good thing, I’m not so sure.
The best system I can imagine is one in which those who print the money aren’t doing so for political favor and have real regulators watching not just what they do, but who benefits. I suppose that is just a fantasy.
JoshFebruary 18, 2010 at 3:43 PM #515250
barnaby33Participantdevelj I’d amend your formula as such: Productive Population Growth + Productivity Growth. Ethiopia had a population explosion in the 80’s, but it wasn’t productive. In fact it dragged Ethiopia down, (as does much of Africa’s population) relative to each countries economic capacity.
Money is merely a yardstick for measuring and helping to distribute wealth. Pick the system you like best. As davelj pointed out each system has its pros and cons. The last 20 years have seen some amazing growth as well as a horrid collapse.
At this point the usefulness of a monetary system should be measured by its ability to help us sort out the pyrrhic growth from the useful. The system we currently have, as its currently constituted, is not well suited to that task.
I’d like to say I have a neat answer but I don’t. The fiscal restraint forced by a gold standard would be a good start, unfortunately we couldn’t fight any wars or fund our social entitlements. There are many out there who in a vacuum think thats a good thing, I’m not so sure.
The best system I can imagine is one in which those who print the money aren’t doing so for political favor and have real regulators watching not just what they do, but who benefits. I suppose that is just a fantasy.
JoshFebruary 18, 2010 at 3:43 PM #515494
barnaby33Participantdevelj I’d amend your formula as such: Productive Population Growth + Productivity Growth. Ethiopia had a population explosion in the 80’s, but it wasn’t productive. In fact it dragged Ethiopia down, (as does much of Africa’s population) relative to each countries economic capacity.
Money is merely a yardstick for measuring and helping to distribute wealth. Pick the system you like best. As davelj pointed out each system has its pros and cons. The last 20 years have seen some amazing growth as well as a horrid collapse.
At this point the usefulness of a monetary system should be measured by its ability to help us sort out the pyrrhic growth from the useful. The system we currently have, as its currently constituted, is not well suited to that task.
I’d like to say I have a neat answer but I don’t. The fiscal restraint forced by a gold standard would be a good start, unfortunately we couldn’t fight any wars or fund our social entitlements. There are many out there who in a vacuum think thats a good thing, I’m not so sure.
The best system I can imagine is one in which those who print the money aren’t doing so for political favor and have real regulators watching not just what they do, but who benefits. I suppose that is just a fantasy.
JoshFebruary 18, 2010 at 8:33 PM #514734Arraya
Participant[quote=davelj]And the solution to this “problem” (if you accept that there is a problem, that is) is so simple: Stop reproducing.[/quote]
Really? So, businesses would not try to grow if populations were stagnant? Wall Street would not try sell investment vehicles? how much would get invested into a business that advertises no or negative growth? Capital doesn’t seek growth to service the population. Capital seeks growth for the sake of growth.
February 18, 2010 at 8:33 PM #514879Arraya
Participant[quote=davelj]And the solution to this “problem” (if you accept that there is a problem, that is) is so simple: Stop reproducing.[/quote]
Really? So, businesses would not try to grow if populations were stagnant? Wall Street would not try sell investment vehicles? how much would get invested into a business that advertises no or negative growth? Capital doesn’t seek growth to service the population. Capital seeks growth for the sake of growth.
February 18, 2010 at 8:33 PM #515297Arraya
Participant[quote=davelj]And the solution to this “problem” (if you accept that there is a problem, that is) is so simple: Stop reproducing.[/quote]
Really? So, businesses would not try to grow if populations were stagnant? Wall Street would not try sell investment vehicles? how much would get invested into a business that advertises no or negative growth? Capital doesn’t seek growth to service the population. Capital seeks growth for the sake of growth.
February 18, 2010 at 8:33 PM #515386Arraya
Participant[quote=davelj]And the solution to this “problem” (if you accept that there is a problem, that is) is so simple: Stop reproducing.[/quote]
Really? So, businesses would not try to grow if populations were stagnant? Wall Street would not try sell investment vehicles? how much would get invested into a business that advertises no or negative growth? Capital doesn’t seek growth to service the population. Capital seeks growth for the sake of growth.
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