Not exact matches
Deflation is generally
considered to be an environment of slow
economic growth and where there is actually a negative inflation rate, with the end result being an actual increase in the
real value of money.
Considering that, I would say that the greatest threat to
real progress is modern
economic theory, which still insists that «economists have done away with the notion of physical limits to
growth.»
No
real plausible solutions are being
considered, only short term
economic growth.
It struggles with high taxes (property and income - e.g., RI doesn't recognize capital gains and
considers it ordinary income), being mostly business unfriendly, and no
real engines of
economic growth.