Growing up in the 90s, I remember fars of overpopulation, but now population decline is the new scare story. I think boomers are just realizing they need new workers to fund their Social security and work for shit wages in nursing homes to take care of them now, but maybe that's uncharitable.

The business cycle of booms and busts has become the norm, but we need a correction there, too. The powers that be are pushing bubble economies and the norm for political points and blame games, not to create a stable economy with a strong foundation for real prosperity, because that WILL require a correction.

Deflation is not the bogeyman people think it is, either. Inflation of the money supply, which drives much of the boom/bust cycle with its false signals of savings and prosperity, is not how we build a thriving economy. Rising prices are just one of the consequences. If we had sound money again, like prior to 1913, it would be harder to gain political points through short-term policies, but we would have predictable prices with less data manipulation for long-term ventures.