offsetting a very slow growing or even declining working age population. And again, a very slow growing or even declining population of young below the age of 20. So, you said this earlier that older people consume, I don't know if you said it, but it was implied that they consume different types of things than younger people do. Yes. So, younger people consume more homes, they consume more durable goods, cars, etc. Is there going to be variability in older people consume services in the form of healthcare? Is there going to be a discrepancy in your estimation in terms of where we're going to see inflation? In other words, are we going to see deflation of the cost of automobiles, refrigerators, etc. But inflation and the cost of certain services or healthcare services are going to cost more for the elderly, but maybe new car prices are going to decline? I mean, how do we, or do you see it as just a general increase in inflation across the board? Well, again, one of the things that Book (20/43)
You are viewing a single comment's thread from: