http://www.safehaven.com/article-5403.htm
QUOTE
If you're a baby boomer like me, you and I have witnessed more people added to the world's population in our lifetime than all the people added in all the centuries of history -- and prehistory -- that came before us.
The population explosion is beyond control. It has emerged as the single most powerful, immutable force on Earth, driving geopolitical change, stimulating economic growth and generating global inflation.
Ultimately, it is the most persistent -- but least understood -- factor underlying virtually everything we've been warning you about here in Money and Markets:
No Sign of Change
In This Powerful Trend
If we could see at least some sign -- even preliminary or cursory -- that population growth is slowing, that government policy is changing, or that the push for economic growth at any cost is receding ... then, maybe, we could start talking about the end of inflation.
But right now, there is no such sign. Quite to the contrary, the inflationary pressures are growing.
Looking at the longest possible time horizon in the past, we can see that the population explosion has massive momentum -- with roots going back to the industrial revolution, even back to the dawn of agriculture 100 centuries ago.
The population explosion is beyond control. It has emerged as the single most powerful, immutable force on Earth, driving geopolitical change, stimulating economic growth and generating global inflation.
Ultimately, it is the most persistent -- but least understood -- factor underlying virtually everything we've been warning you about here in Money and Markets:
No Sign of Change
In This Powerful Trend
If we could see at least some sign -- even preliminary or cursory -- that population growth is slowing, that government policy is changing, or that the push for economic growth at any cost is receding ... then, maybe, we could start talking about the end of inflation.
But right now, there is no such sign. Quite to the contrary, the inflationary pressures are growing.
Looking at the longest possible time horizon in the past, we can see that the population explosion has massive momentum -- with roots going back to the industrial revolution, even back to the dawn of agriculture 100 centuries ago.
