How Population Trends Will Impact Growth, Inflation, Investing, and Well Being
Money For the Rest of Us
Exploring the Transition to a Steady State Economy and Its Impact on Well-Being and Investment
Exploring how a higher real interest rate can influence inflation, interest rates, and investment returns in a steady state economy with an aging population, advocating for a shift towards deriving income rather than capital gains. The chapter also discusses the potential global trend towards a steady state economy due to resource constraints and stable population growth, reshaping the investment environment.
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