Re:Save like a pessimist, invest like an optimist
by gexla on Saturday November 14, 2020 @10:01PM
(#25097838)
Parking my comment here to be part of the dense club.
Why would you even need forever growth? Is it good enough that old companies die and new companies replace the old? In that process, there's always growth to find and invest in?
Re:Save like a pessimist, invest like an optimist
by refurb on Sunday November 15, 2020 @01:02AM
(#25098689)
In that scenario, the economy does become a zero-sum game, no? Your returns are just someone else's loses.
Re:Save like a pessimist, invest like an optimist
by gexla on Sunday November 15, 2020 @01:35AM
(#25098838)
There's always winners and losers. We hope the market provides us with ever improving options, which could be a win for everyone. Some may lose by taking down zombies, but the market overall improves. </overly simplified and probably wrong answer>
An as an aside, GDP is only a proxy for how prolific an economy/country is. The country's output can continue to grow without generating more dollars.