The US population in 1980 was around 226 million, and in 2020 it was around 330 million. That’s an increase of about 50%. By comparison, the GDP in 1980 was about $2.75 trillion; in 2020 it was over $20 trillion, an increase of more than 600%.
The problem isn’t that we’re spreading out the same amount of money over too many people. It’s that we’re making much, much more money, but concentrating it in the hands of a tiny number of people and letting everyone else scramble for scraps.
Alright, how about the fact that the TFR in the US has been below replacement since the 1970’s, then. (It got close to 2.1 during the 2010s and then dropped again, and is currently around 1.6-1.7.) Is that relevant enough for you? Antinatalism is just as toxic as pronatalism these days. I swear, neither side is willing to actually look at facts.
I never said that any birth rate was good or bad. I only said that if population increases, and currency supply does not increase, you will experience deflation (and that slight inflation is easier to achieve than aiming for balance and ending up too low).
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The US population in 1980 was around 226 million, and in 2020 it was around 330 million. That’s an increase of about 50%. By comparison, the GDP in 1980 was about $2.75 trillion; in 2020 it was over $20 trillion, an increase of more than 600%.
The problem isn’t that we’re spreading out the same amount of money over too many people. It’s that we’re making much, much more money, but concentrating it in the hands of a tiny number of people and letting everyone else scramble for scraps.
That’s a separate problem.
Alright, how about the fact that the TFR in the US has been below replacement since the 1970’s, then. (It got close to 2.1 during the 2010s and then dropped again, and is currently around 1.6-1.7.) Is that relevant enough for you? Antinatalism is just as toxic as pronatalism these days. I swear, neither side is willing to actually look at facts.
https://fred.stlouisfed.org/series/SPDYNTFRTINUSA
I never said that any birth rate was good or bad. I only said that if population increases, and currency supply does not increase, you will experience deflation (and that slight inflation is easier to achieve than aiming for balance and ending up too low).