CellBioGuy comments on Publishing my initial model for hypercapitalism - Less Wrong

3 Post author: skilesare 20 April 2015 01:38PM

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Comment author: CellBioGuy 22 April 2015 12:18:51AM 0 points [-]

What happens in a steady-state or shrinking economy as opposed to an expanding one?

Comment author: skilesare 22 April 2015 01:17:47AM 3 points [-]

Increase the decay rate and people move money faster and more cash comes out of the economy which keeps deflation from happening.

Things are ok if the economy recovers. In the event of a near extinction event we'll have bigger problems.