So basically, the US dollar which is the global reserve currency, goes off gold standard, Israel gets a shit ton of money suddenly, and everyone is poor, fat, unhappy, divorced, living with parents, and without a home at a decent point in life. The global birth rate goes down. Savings accounts are fucked. It’s almost like we should have a currency backed by something other than the sentiment of some old rich white men that belong in a rest home.
Declining birth rates are a challenge under socialists systems also if you have a population skew towards the elderly. If 60% of the population is retired and now heavily utilizing a universal healthcare system, how is that being paid for? Ideally some of their tax income would have been saved for their healthcare needs later in life but that rarely happens.
So basically, the US dollar which is the global reserve currency, goes off gold standard, Israel gets a shit ton of money suddenly, and everyone is poor, fat, unhappy, divorced, living with parents, and without a home at a decent point in life. The global birth rate goes down. Savings accounts are fucked. It’s almost like we should have a currency backed by something other than the sentiment of some old rich white men that belong in a rest home.
The declining birth rate is only a threat to the capitalist. Can’t have ever increasing growth if there are fewer victims to fleece.
Declining birth rates are a challenge under socialists systems also if you have a population skew towards the elderly. If 60% of the population is retired and now heavily utilizing a universal healthcare system, how is that being paid for? Ideally some of their tax income would have been saved for their healthcare needs later in life but that rarely happens.
Its the very nature of constant growth that causes those imbalances.