Replying to Avatar Crusty 👨‍💻

How does that affect prices?
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Hanshan 8mo ago

well

thats upward pressure of course

and because growth is deflationary (downward pressure) an equilibrium is reached somewhere

between growth and peoples reluctance to spend

I'm contending that under a hard cap of monetary units

that equilibrium is a stagnant economy where people ONLY buy absolute necessities as much as possible

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Crusty 👨‍💻 8mo ago

I would be curious, how an aging population plays a role in this, in your opinion?

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Crusty 👨‍💻 8mo ago

Also could be an interesting thing to think about that delayed gratification is hard: eating healthy, excercising, investing. Not something too many are capable of. Could be interesting if such people would change in a deflationary environment.