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RE: Effect of Trade Deficits Are So Destructive to the World Economy

in #money8 years ago

Isn't the best thing to do, to encourage people to have more children so we can 'expand' the economy?

Any boom in world economy has to be accompanied by a population increase. This brings things like additional demand for goods and services.

Whilst I am a supporter of Steem and Crypto-Currency in general, I cannot fall prey to being a full on libertarian. Lets not forget that crypto eco-systems have not been around long. The prevailing monetary systems adopted world wide such as central banking have been holding it all up for all this time.