/biz/ - Business & Finance

>>30381714
>You said that population growth breeds innovation

I didn't say that "population growth BREEDS innovation," no. I simply observed a correlation. It's simply valid to say as a rough historical truth that "More population growth has generally correlated with more technological innovation." That doesn't mean that for every extra person you get, you always get more innovation. It simply means that what we observe in history is that population expansion has generally correlated with an increase in technological progress. That's what we saw from the Industrial Revolution onward. It makes sense, because the more people you have tinkering with things and going about in their own way, the more happy accidents there are going to be. Of course, you also need the right conditions to breed innovation, which we also had in the 19th century, namely free markets, a gold-standard, a free and virtuous society, etc. We no longer have that, hence why things are declining. We're completely straying away from the original point of course, which is that gold inflation has generally kept up with population growth. Even during the Age of Discovery, gold inflation was only about 1% per annum.

>>30381888
Russia is debt-free and has a massive trade surplus, America is one of the most heavily indebted nations in the world and has a massive trade deficit. Stop believing MSM propaganda.

>>30199106
>The Soviet Union was never an actual economic power.
>But the United States is

>As for the Roman Empire, its decline took hundreds of years.
The most correct analogies with what is going on today are things like John Law's France, the Greenbacks of the 1860s or the hyperinflations which have taken place in any number of different countries which gave way to rampant fiat-money money-printing (Germany, Austria, Hungary, etc.). I only brought up the example of the Roman Empire to shake your normalcy bias which appears to have you think that "whatever has been, always will be."

>Despite what CNN and the blackpills here want you to believe
CNN wouldn't doubt for a moment that the U. S. is a superpower, it's bizarre that you think that they're saying the opposite.

>>30183207