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Joined 17 days ago
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Cake day: June 14th, 2025

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  • A constant 2% economic growth rate implies that we expect the world economy in 2100 to be 350 times as large as the economy of today.

    That means it roughly doubles every decade remaining in the century.

    Insofar as prices or costs can go up, there seems to be no limit to growth.

    Insofar as we have real physical resources and production increasing, I have a hard time imagining we can meaningfully double production one time.

    For example, I can’t imagine a world with twice the built infrastructure we have now. (Houses, roads, power dams, airports, schools, etc). Seems impossible.

    If growth has ended or is ending soon, it makes you wonder how long governments will be able to try to print their way out of stagnation before the whole system becomes irrelevant and comical.