Topic: Will Economy Grow Forever? - page 15. (Read 4071 times)

The more build up the nation is the more assets used.It is absolutely exasperating and I truly trust that the pioneer and all individuals from each nation ought to organize the safeguarding of our normal assets for the decency of everybody. New innovations may be imagined. Be that as it may, the more advance we make, the more we are drawing nearer to nearly "instinction". Obviously this isn't practical as should be obvious that the total populace is likewise developing at an exceptional rate, that regardless of what we design, its inescapable. That is the reason we see investigations outside, to discover different assets on the off chance that planet say's nothing more will be tolerated. Each choice of the pioneers includes a major impact to the economy.

The world is still evolving, therefore as the population increase globally, we are sure to have an economic grow along with it, countries/ Organization without proper planning base on it's growth rate, will have a defect in it economic development.

It seems natural for me that the things are developing on lead to the specific point when they need to be replaced with something else, the same was in the past when barter system was replaced with money system, any takes place right now with cryptocurrencies.

If you stop your efforts for the progress of your economy then you will get low result of your economy but this is a common fact and in this modern time countries are looking for further progress. Now cryptocurrencies are contributing to the economy of a country especially the Bitcoin which is the most profitable and valuable that is why countries are demanding for Bitcoin the most for the building of their economies.

Remember the growth is dependent on the technology in the current scenario. Even if all the factors that are involved in the production are fully employed, the economy can still grow if the technology involved in the production advances and it is an open secret that technology always grows so yes it is possible for a country to have a constant growth in her economy if the production is technology based. Besides, it is not always possible to have a consistent rise in the economy if there is no technological intervention.

Brother, I assume you have missed something. This isn’t about bitcoin o crypto that whether it will grow forever or not. This is about economics and we believe that economics always been growing. Take any country and start observing its economic growth. Or for example, just assume the economic growth of this world. Isn’t it is continuously moving towards uphill?

yes it will continue because economic growth is the process by which a country gets better. In this case the national income will increase and the need for competent human resources is needed.

I think economies resemble Crytos, they go up and after that down. They don't simply develop until the end of time. Things go up and after that down.

Yes, as far as I know economy should grow in order to keep every individual in the right path in their lives. The ever growing economy is a testament that evolution in monetary institute is alive.

When I talk about bitcoin, I try not to think about smuggling or drugs that buy and sell for bitcoins. I try to talk about the useful properties of bitcoin. What it can do for ordinary people who have little understanding of cryptocurrency. It is important to explain to a large number of people the important truth. Bitcoin is small, and 1 bitcoin should be for every person.

If there is a need to trade, the economy will always exist.
If humanity survives, the economy will always exist.

Economy will continue to grow, but little by little and there are also times when the economy will break down a bit and after that it will start again. Just like that, cause most things we have in this world goes round like a hula hoop, they increase and they will also reduce, just like when you’re investing in Bitcoin you will see that price will always go up and down, that’s the same with the economy out there.

Ideally, the economy is expected to grow forever with continuous improvements or developments. But this has actually not been the case in most places or countries today. We have experienced situations whereby most countries economies have fallen drastically in the past few years. It is most times caused by corruption and bad governance.

will according about this situation,we could not consider thats because of the technology the economy would been grow forever,especially thats some of our natural resources been damaged,due to economic progress,otherwise these kind of technology is great for the purpose of the necessity of entire human race,thats why they created this more and more technolgy,and much more ambitious ,of creating a separate planet could the one will destroy our mother earth,actually this ambition of this kind of  technolgy is a future illusion,its maybe happen or not,but will bring great dissaster to our resources

Star Trek dont have money probably because they are in the era of free energy I think and they just have various forms of that energy in states of refinement.    We dont have free energy and nuclear power is not advancing in refinement at the speed necessary to anticipate it becoming freely available within even a rich population.

The finite resources you fear leading to a catastrophe is not quite as extreme as you might think.  A large part of the earth is still quite empty and not used, we are unlikely to run out exactly. ITs most about this question of efficiency and resilience to various atmospheric changes.

For example they have the power to power a kind of diesel fuel from algae, a simple growing organism engineered towards usable production of energy usable in engines.   This is a great advance but at present this technology is highly sensitive and difficult to manage for that 'free fuel' ; in fact making it very expensive unfortunately for now.

The reason I say resources are not finite especially even though the earth can be fragile is that we do not occupy that much of the earth.  The population of the earth could all stand on the surface of a small coastal island, not even taking up a whole country or considering we are able to occupy vertical space also.   To produce food for those people takes alot more space but not so much that we come anywhere close to realising a restriction, places like Canada and large parts of Russia are often empty for many areas etc

The one thing the human race could do to benefit itself above all else would be to throw away the idea of economic growth being desirable and necessary. Unless we can get off this planet there'll come a crunch point that has no going back from.

If we could decouple economic growth from finite resource use then it becomes moot. There are no signs of that happening.

It's going to take something catastrophic to realign the collective mind set to head off in a less corrosive direction. By that point it may be too late. Roll on Star Trek where they don't even have money.

I only believe that new invented technology is just something that will offer a big help to human's need but this thing can not prevent the problem of decreasing the supply of the earth or our natural resources. The more our world becoming advance in many technologies the more our natural resources are getting low. Having new technology is not bad, the problem is the world has very few people who are willing to save it many are just being after of what they can get from it not on how to protect it.

This is actually an age old question, famously a bet was made in the 1970s that the world would run out of vital commodities.   It was inevitable, human population in 20th century is gigantic because we cured so many diseases too many people are surviving.

This can be taken as a negative, however as we now know the commodities and resources situation from the 1970s to now is not the desperate failure thought possible.  There is famine in the world in a few places but its mostly as part of wars or break down in society.  Cities and buildup of people is not the negative that some feared.

What generally happens and will continue is that within a population of people the capacity for growth occurs also, innovation and advancements are appearing which allow for that body of people to remain comfortable still.  Human society generally is becoming more efficient and this knocks onto visible growth in an economy because we can do more for less.

Obviously the current dynamic of concern to many people is to reuse and recycle all the things we use and not be wasteful and selfish on disposing of things like plastic and waste products.  I agree with this and it ties back into efficiency, people are very capable and growth will keep appearing.    This is not just optimism I think its a reflection of reality past, present and easily the future

So yes growth forever, some hiccups but no reason to doubt overall

well, economic grow are infinit after all
you are know if sometimes economic are can get drop and crushed and then growth again in every time thats just make people making inovation that can make economic circulation to still happen and make economic growth

I think crypto currency is a remarkable thing where all governments and countries should accept it to push the economy to the next level by driving the economy digitally. That is the reason some countries are moving forward in the economy.
And the Economy will grow forever if countries and governments adopt the latest technologies and innovations as part of the economy.