Re:Save like a pessimist, invest like an optimist
by xchaotic on Saturday November 14, 2020 @05:45PM
(#25096376)
But as things get automated and cheaper that’s actually negative gdp growth. So it won’t pay your retirement
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Re:Save like a pessimist, invest like an optimist
by chii on Saturday November 14, 2020 @08:41PM
(#25097373)
If things get cheaper, you can live off less income from your investments .
Re:Save like a pessimist, invest like an optimist
by marvin on Sunday November 15, 2020 @10:16AM
(#25101794)
Yep, and in such a world, a reasonable level of taxation would eventually be able to pay for a modest lifestyle for everyone who wanted it.
In a world of such dramatic surplus, it's either that or violent revolution, so I'm fairly sure it would sort itself out.