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by thweoruio34234 1285 days ago
> I have an incredibly comfortable lifestyle saving for retirement, traveling and buying real estate. The moment I become responsible for another human, that all goes away.

You realize that with the deflation that will hit most developed countries, all your savings will evaporate right ? It's a mathematical certainty given the way the economy works (coupled with fertility rates of < 1.5).

Immigration might work, but race is a big deal with a large section of the population esp. when it comes to low-end stuff.

1 comments

How would deflation cause savings to evaporate? Wouldn't the opposite happen during deflation and savings would be worth more?

Deflation would screw anyone with debt though.