Inflationary economy is like feeding Peking Duck or French Goose

 Everyone is familiar with Peking Duck and French Goose being forced fed to grow and grow with little concern to their health and well being. They are just being forced fed for the table. Period.

An inflationary economy is quite similar to force feeding ducks or geese, not by productive, innovation or technology, but by simply adding more numbers, any kind of numbers, to inflate the GDP. Singapore is in a way an inflationary economy, with the population as the main contributing factor. Just grow the population at all cost, 6m, 10m, 15m, you can see the saliva dripping from the mouths of the proponents of this economic policy. They shafted aside all the negative consequences of extremely high population density and the big squeeze in this tiny piece of rock. They can only see the good side and refuse to discuss the negative impact on the people and the economy. 

The inflating of the population has basically one goal, consumption, consumption and more consumption. More people, more flats to be built to sell to the people, more food to be consumed, more demand on essential services, just to inflate the GDP. With more consumption of everything, and everything that Singapore does not have, does not produce, means everything has to be imported. Food, oil and gas, electricity, consumer goods, bricks and mortar, water etc etc. And don't forget about the need for more jobs, more schools, universities, more roads, trains etc etc. It was building roads, housing, etc etc because there was a need to do so. Now it was reckless creation of needs to build more and more of everything when there was no need to do so.

At the present level of population, the demand and supply of goods and services are still fairly manageable and stable. But given the trajectory of the advocates of high population for inflationary growth, the demands for water, gas, oil and electricity would be enormous. It is no wonder that they are talking loudly about going the nuclear route to meet the demands for power and electricity. And the discussion, like the proponents of high population, is all goodness, absolutely no problem with nuclear energy and the risks associated with it. Best to brush them aside, not to be discussed or mentioned at all. Just assume all is well.

The big question, what is the purpose of a nation state? To strive for economic growth at all cost, even to dump millions of foreigners into the island, for economic growth? Is growing population, or bringing in more foreigners into the islands and to create employments for them, to look after their well being the responsibility of a sovereign nation state? And are the risks of high population and its tons of associated problems and the big risk of having a nuclear station beneath our homes worth it, necessary to flirt with such dangerous solution that need not be necessary if we just stop the population growth and look at other options for economic growth?

The govt of a nation state has responsibility to look after the well being of its citizens, to provide good jobs, good housing, a good way of life. It is NOT responsible to foreigners for the same things. There is no need to bring in so many foreigners, to look after them, to provide jobs and housing for them, at the expense and risk of the citizens, to compete with the citizens for education, space and everything, and to risk nuclear accidents.

What do you think?