Central Bankers - Economies in the Tank

[Pio1980]

Originally Posted by whell

"Infinite" growth is an exaggeration of the point I was making. There's no reason why an economy can't grow over time. There will be periods of contraction and expansion, but over an extended measurement period modest growth should be quite sustainable. Modest can be 5% on average over time, or better.

How does that happen without inflation in a stable population?

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[Dondilion]

Originally Posted by whell

"Infinite" growth is an exaggeration of the point I was making. There's no reason why an economy can't grow over time. There will be periods of contraction and expansion, but over an extended measurement period modest growth should be quite sustainable. Modest can be 5% on average over time, or better.

Definitely an exaggeration.

[Pio1980]

Originally Posted by Dondilion

Definitely an exaggeration.

Which is exaggeration?
I'd very much like to think a continuous rise of prosperity is doable, but just can't see a model that supports it across the board for everyone with a stable sustainable population.

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[Pio1980]

Deregulation is the answer, right.
http://www.huffingtonpost.com/entry/...b03d2d459a083c

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