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Comment by monomers | Hacker News Reader

With global population stagnating in the coming decades I wouldn't bet on inflation staying the same. I think it's more likely that we are headed into a deflationary crisis worse than 1930 Germany.

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Population stagnating is what keeps everyone in my country employed even in a recession. Take a look at India or the Philippines: everyone is replaceable and life is not a scarce resource.

Companies hate it though. They want cheap workers instead of competing for employees.

Oh, I agree. There's many good reasons to celebrate population stagnating: economic, social,ecological. But it's not going to be a painless transition from the last 2-300 years of a system predicated on growth.

Have you seen UN projections about global population increasing?

Practically all models estimate peak population to happen somewhen in the second half of the 21. century. And most countries outside of Africa are likely to go the way of Japan far sooner.

Japan's birthrate (~1.3) is about the same or only slightly worse than most Western nations. The US is about 1.6.

The one that's really eye-opening is South Korea (~0.8).

Population increases in India and Africa have no impact on the economic catastrophes pending in the Western world and Asia.

Population increases in immigrant source countries have no impact on the economies of the largest immigrant destination countries?

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