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Replying to Avatar Loki

It's a problem for markets also because the small population of strong young folk with low skills is very small, and the middle age group 35-50 is small and the 50+ is growing.

This means that those old people can't retire, and that also makes it harder for the young to get into work, and the burden on families taking care of their sick old relatives is set to increase, and decrease their capacity to divert resources to entrepreneurship.

it's going to be a slow motion trainwreck.

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rodant 2y ago

Yes, but my point was something different. It is natural that the expansive fiat system requires high birth rates. But what about a bitcoin standard economy? What if we don't suffer under the Cantillion effect and get advantage from technological innovation?

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