• steeznson@lemmy.world
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    10 hours ago

    Individuals have a perverse relationship to the economy where what’s good for the individual diverges from what is good for the economy. For example saving money is good but if everyone does it then you can end up with deflation like Japan.

    In terms of children people do it due to biological urges without fully assessing the hit to quality of life or finances. The economy needs more workers at every point though since pensions are essentially a ponzi scheme.