Why Nostr? What is Njump?
2023-11-25 18:53:02
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Charlie Stross on Nostr: npub1mygmx…gr2hj npub19kdxq…v4jdw npub15eav7…7a2ud What a declining population ...

What a declining population means (leaving aside climate destabilization effects): (a) structural deflation for the long run (b) reduced demand for housing and many commodities (c) increased medical spending (d) increased demand for personal services (e) dwindling work force with wages subject to Baumol's cost disease (f) reduced return on investment (g) it's progressively harder to effect structural change (h) these trends lead towards gerontocracy/youth unrest.
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