Liminal Hack asks: "Why can debt growth be described by a mathematically perfect exponential...?"
The word "perfect" bothers me a little. However...
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| Source: 1000 Memories via Gene Hayward |
These are almost perfect. Except for those endings, of course.
4 comments:
LOL, you have a graph for everything!
The photo doubling time is similar to debt, which suggests a purely techno-demographic explanation, does it not?
It does.
But it is not the place of economic policy to restrict population. That is a thing better left to the politicians.
If it is not appropriate to limit population or photos, one wonders why it would be politic to limit debt.
TGT, Chapter 24, IV: "But if nations can learn to provide themselves with full employment by their domestic policy (and, we must add, if they can also attain equilibrium in the trend of their population), there need be no important economic forces calculated to set the interest of one country against that of its neighbours."
Population is particularly relevant, except when the topic is macroeconomic policy.
Debt, on the other hand, is dead-center relevant to macro.
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