Money and Investments
Money and Investments in a Steady State Economy
In a steady state economy, people adjust their expectations about money and investing to match reality. We stop believing in get-rich-quick and Ponzi schemes, and set our expectations to receive real returns on real investments. Lower interest rates prevail, and investments are used to support local economies, improve the stock of human-made structures and machinery, and support innovative and useful technologies. Stocks, mutual funds, and other investment tools feature lower risk and more stable returns.