Haven't had one of these for awhile. This thread is for questions or comments that you've felt silly about not knowing/understanding. Let's try to exchange info that seems obvious, knowing that due to the illusion of transparency it really isn't so obvious!
Under the assumption that cryonics patients will never be unfrozen, cryonics has two effects. Firstly, resources are spent on freezing people, keeping them frozen and researching how to improve cryonics. There may be fringe benefits to this (for example, researching how to freeze people more efficiently might lead to improvements in cold chains, which would be pretty snazzy). There would certainly be real resource wastage.
The second effect is in increasing the rate of circulation of the currency; freezing corpses that will never be revived is pretty close to burying money, as Keynes suggested. Widespread, sustained cryonic freezing would certainly have stimulatory, and thus inflationary, effects; I would anticipate a slightly higher inflation rate and an ambiguous effect on economic growth. The effects would be very small, however, as cryonics is relatively cheap and would presumably grow cheaper. The average US household wastes far more money and real resources by not recycling or closing curtains and by allowing food to spoil.
How does this connect with the funding process of cryonics? When someone signs up and buys life insurance, they are eliminating consumption during their lifetime of the premiums and in effect investing it in the wider economy v... (read more)