GROWTH IN A CONCAVE PHASE
All these commentaries/bullshit abt growth do not realize that the structural problem is the S curve-like attributes (log-increases). It is actually healthy to say "it is enough".
Explains why the rich should not be in debt. Debt requires growth.
All these commentaries/bullshit abt growth do not realize that the structural problem is the S curve-like attributes (log-increases). It is actually healthy to say "it is enough".
Explains why the rich should not be in debt. Debt requires growth.
2/ All these comments by bureaucrats on "let's create growth". You can't easily create growth when in a concave phase. Trying to do so will lead you to a Tower of Babel collapse.
But you ALWAYS have control of how much debt you can take.
But you ALWAYS have control of how much debt you can take.
3) Note: Wealth is not capped. I did not use a sigmoidal function of the style 1/(1 + Exp[-x]) with a fixed limit as x \to \infty, rather a log-style function that has no limit.
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