The 'Libertarianism is better than whatever this shit is supposed to be' leftist.
toastmeister
joined 3 months ago
Capitalism can exist on a gold standard, or a barter system of goods, which if we were on those systems then a shrinking population would do nothing inherently negative.
The thing that breaks with a declining birth rate is monetary policy, which requires an ever growing money supply because we've designed a 2% inflation target, which means growing consumption via debt monetization. The reason for 2% inflation is to monetize our debt, in order to force people onto the risk curve for economic growth; we grow the money supply about 6% a year to achieve 2% inflation due to technological advances and a broken CPI index.
Worse than double digit inflation?
Canada takes in more people than the US, who has 10x the population.
Canada does it to appease corporate lobbyists, which leads to the capital shallowing the BoC warns about when they talk about a lack of worker investment.
Ya his country was doing just fine before he took over, a real MMT utopia.
The only reason we haven't been in a recession this whole year is mass immigration. We let in more people than the US, who has 10x the population we do.
Its lobbying by corporations who want wage suppression, which is why we are second last place in the OECD in per capita GDP growth since Trudeau took over.
We imported huge sums of people and are facing capital shallowing, which is also why our investment per worker is extremely low, and why corporation don't invest in productivity growth; which is required for wage growth. Which is also why the BoC is "ringing the alarm bells" on stagnant productivity growth, as this inevitably affects our borrowing rates and foreign exchange.
Company executives are unfailingly confident, selling their vision through appearances at events like the World Economic Forum in Davos and the Venice Biennale.
They kissed the ring so I guess they get free land.
We also spend dramatically more now as well and are on an unsustainable path according to the Fed.
People want more spending and less taxes though, as its human nature.
If you're three corporation in a trench coat maybe.
TFW and mass immigration are also really good for corporations, you could say the same thing about that as it destroys the middle class.
Isn't he just saying that he will tariff them so they're paying 25% more for manufacturing in a foreign country?
This is far left policy.
Finally my Intel stock will rise. This will definitely force Nvidia GPU to be manufactured in the US with always on DRM.
Except the white man would be a director at Brookfield who owns residential real estate and wants their asset values to rise.