Is it important to hold naturalized citizens accountable to their citizenship oaths or declarations?
Once you're an American, it's your god given absolute right to say fuck it to whatever bullshit song and dance they made you do
Anyone currently standing on American soil has that right, too, but for the Americans, its extra god given
(This is what we promised ourselves, this is how things are supposed to be, but unfortunately this is not the case in 2025 and has never been the case depending on your skin color)
You are literally describing the current world of investment. You have to go full communist to live in your "healthy" world.
The current world of investment involves returns without risk? 😂
Given you're demonstrated lack of understanding of even the most basic fundamentals of economics, I can already tell you can't actually correctly describe communism. Seems like at this point you're just typing words that you think sound smart. There wasn't really any coming back from when you mixed up loans and investments, and got deflation and inflation entirely backwards lol.
This is not true.
But it is true, and expert economists agree with me. Sorry! You're wrong again.
you may be referring to the money supply rather than price inflation
Duh. I can't believe you're only getting this at this point in the conversation, but at least you're starting to figure it out?
If you're an individual investor, given the choice between the 2 scenarios, would you rather exist in a world with 2% deflation, where you have to make more than a 2% return on investment in order for it to have been worthwhile, or a world with 2% inflation, where you don't even need to correctly pick a growing investment, and even an investment that just holds a stable value is worthwhile.
The choice is obvious, of course the individual would rather have the deflation scenario, because then they don't even need to invest or take any risk to grow their wealth. They can literally just sit around and do nothing, and their wealth grows for free without any risk.
But this is naive and childish to think that an environment where you just get free wealth for no reason by doing nothing is healthy for an economy as a whole.
Argentina had very high inflation, and I agree that's bad. The amount of inflation is key. What dictates the amount of inflation that is healthy? Hint: you'll have to scroll all the way to the beginning of this lesson in order to know. (jk I'll just tell you here, it relates to the growth rate of the economy). Argentina's inflation was out of sync with its economic growth.
Technically, deflation isn't always theoretically bad and inflation isn't always theoretically good, but we live in a reality of moderate economic growth, so therefore moderate inflation is required to maintain it.
And now we've circled back to the start and my position has remained entirely self-consistent, while yours has been easy to poke full of holes and point out the inconsistencies.
Nope, you literally have it backwards. No wonder you've got this all wrong.
If your money increases in value at a 5% rate (deflating), and a share of stock also increases in value at a 5% rate, then there's no reason to exchange your money for the stock. The stock needs to increase in value at a higher rate in order to make it worthwhile to give up the currency and possess the stock instead.
Inflation is opposite. For example, if your money is decreasing in value at a 2% rate (inflating), the stock doesn't even need to increase in value for it to be better. It would be worthwhile to exchange the money for the stock even if it was just holding a stable constant value.
Which is riskier, a stock that has a potential return of +5% or a stock that holds a stable value?
Rate of return needs to beat/outpace deflation. Technically you're half right, because rate of return ALSO needs to beat inflation, it's just easier to do because inflation is negative, so even investments that don't grow and just hold a stable value beat inflation. Which is why inflation encourages investment and stimulates and grows the economy.
As promised:
Inflationary currency motivates investment and consumption. When your money is going to lose some value anyway, you might as well take a risk and invest it for a potential reward. You might as well make that large purchase today, because your money will buy a little less tomorrow. This is healthy for the economy.
You are correct that deflation adds on top of interest, which makes loans more expensive. This stifles an economy by decreasing demand/consumption and the flow of money through the economy. When loans are more expensive to pay back, people are discouraged from taking a business loan and starting a new business or taking out a loan and investing it or using it to make a large purchase. This is bad for the economy.
I have no idea why you claim my "system" has nothing risk. Reread this thread to correct your misunderstanding.
You need a higher return on investment in order to outpace deflation and make investing worth your while. Do assets with a higher potential return have more risk or do they have less risk?
Also I'm just going to keep posting these 2 paragraphs every comment until you actually address them lol:
Inflationary currency motivates investment and consumption. When your money is going to lose some value anyway, you might as well take a risk and invest it for a potential reward. You might as well make that large purchase today, because your money will buy a little less tomorrow. This is healthy for the economy.
You are correct that deflation adds on top of interest, which makes loans more expensive. This stifles an economy by decreasing demand/consumption and the flow of money through the economy. When loans are more expensive to pay back, people are discouraged from taking a business loan and starting a new business or taking out a loan and investing it or using it to make a large purchase. This is bad for the economy.
The economy doesn't grind to a halt. People don't horde cash. Consumption still occurs. Services are still performed.
Again, facts and history disagree with you. See the great depression and other economic downturns.
people will still lend out their money because they would like to have more than money than if they did nothing
Again, risk exists and is half of the risk-reward calculation. When your system entirely hinges on risk not existing... big sign that you're wrong lol.
So you made a bad investment in something that wasn't needed. Invest more wisely. This is basic economics.
It's a demonstration of the relationship between deflation and investment. And yes, it is basic economics. 😂
Invest more wisely
Invest with less risk? More risk? Or you're saying "just predict the future correctly" 🤔 I wonder if you'd learn something about this in an econ 101 class.
Deflation is the answer to the infinite growth required by capitalism. It should be embraced, not avoided.
Gee, you're literally dead wrong, and the experts agree with me. It's inflation, not deflation, that is required for growth. There's a reason the government targets a rate of 2% inflation per year.
Inflationary currency motivates investment and consumption. When your money is going to lose some value anyway, you might as well take a risk and invest it for a potential reward. You might as well make that large purchase today, because your money will buy a little less tomorrow. This is healthy for the economy.
You are correct that deflation adds on top of interest, which makes loans more expensive. This stifles an economy by decreasing demand/consumption and the flow of money through the economy. When loans are more expensive to pay back, people are discouraged from taking a business loan and starting a new business or taking out a loan and investing it or using it to make a large purchase. This is bad for the economy.
Ah yes, accusing one of using an LLM, a sure sign of winning the argument 🤣
- Money invested earns deflation + interest.
That's incorrect, money LOANED earns deflation + interest, not money invested. Money invested loses out on the deflation.
You have 1BTC. You exchange the 1BTC for 1 unit of an investment. As BTC deflates, it's buying power increases. When you go to sell your investment, you find that 1BTC still buys 1 unit of the investment, even though your investment grew in value during the same period of time. You could have done nothing to get the same result, without risking the volatile investment losing value instead of gaining. The higher the return needed to outpace deflation, the riskier the investment needs to be. Deflation worked against the investment, not with it.
Inflationary currency motivates investment and consumption. When your money is going to lose some value anyway, you might as well take a risk and invest it for a potential reward. You might as well make that large purchase today, because your money will buy a little less tomorrow. This is healthy for the economy.
You are correct that deflation adds on top of interest, which makes loans more expensive. This stifles an economy by decreasing demand/consumption and the flow of money through the economy. When loans are more expensive to pay back, people are discouraged from taking a business loan and starting a new business or taking out a loan and investing it or using it to make a large purchase.
I think we've reached your limits in this topic.
Lol I'm literally giving you a free education. You should be paying me for this. It's something that you're still responding after your argument has been torn to shreds with my every reply, without fail. The name calling and LLM accusations creep in as you start to realize you're wrong and desperately cling to denial. The cracks are already showing lol. Getting tired of trying to spin inconsistencies? Like I said, it's effortless to just be correct.
You know bitcoiners will still be mining for over 100 more years.
Technically "mining" does not end because there will always need to be more blocks if there are new transactions. Minting new coins that get awarded to miners is what ends in a bit over 100 years. And then what happens? My point stands.
Another lazy myth regurgitated. You were obviously an exam crammer, not a thinker.
It's fact. You can't even refute it besides desperate name calling and just stating the opposite. 😂 Sorry that reality isn't fun for you.
When your system entirely hinges on people not considering risk... 🤣 denying that risk is a factor in risk-reward calculus because "PeOpLe WaNt MoRe" is totally convincing, big winner of an argument. They want more, and they can get more... by doing absolutely nothing... so that's exactly what they'll do to get the more they want. They could get more by robbing a bank or selling their kidney!!!! Oh wait, that's right, risk... 🤦
Seatbelt??? While hurtling through the sky 30,000 feet in the air at 500+ mph?? That's uncomfortable.
That's not an economy.
Also LOL at the change in value being $1. Bitcoin is finite, permanently, forever. 100 years from now, 1000 years from now, bitcoin will continue to deflate year after year. At least gold can be mined, although at some point we will have extracted it all. The 2% deflation in your example is an absurd underestimation. Percentages in the hundreds to thousands is more realistic.
Deflationary currency is a great way to kill an economy, there's no motivation to invest and accept any risk when all you have to do to increase your wealth dramatically is wait, risk free. Economic activity comes to a grinding halt.
The debt that's not being repaid.
Does deflation make debt easier or harder to repay? 🤔🤔🤔🤔
In a crypto economy a central bank doesn't even exist, so crypto deflation is never bad.
😂😂😂😂
Nope nope! You're just denying deflation exists, now?? 😂 That'll work. This is where mental gymnastics gets you. Sad!
Well, looks like I've won.
Wrong, good try though. Yes, you owe $100, but each dollar is worth more, meaning you owe a greater "real value" (that's an econ 101 term you should look up), or in otherwords, the debt increased.
and providing the correct responses
😂
Again. The amount of debt is the worry
Does deflation increase or decrease the amount of debt? 🤔🤔🤔🤔
I could literally do this all day lol its effortless to just be correct. It must be exhausting to need to constantly spin the argument and futily reconcile the inconsistencies and mental gymnastics of your position.
The conditions mean that debts cannot be repaid
Does deflation make debt easier or harder to repay? 🤔🤔🤔🤔
Again, an econ 101 class would really help you
The cause here is WWI, not the great depression.
Huh? Your reading comprehension needs some work. This is a list of causes of the Great Depression. Of course the Great Depression is not a cause of the Great Depression. The first cause of the Great Depression in the list is... (drum roll, please): the effects of the gold standard!!!
abandoning the gold standard because of war
Hmmmmmmmmmmmmmmmmmmmmmm what about war causes deflationary currency to be unsuitable? 🤔🤔🤔🤔🤔 And are those conditions exclusive to war? Checkmate. That was easy!
If it is true that total pool of currency needs to be able to grow with the economy then the rate one variable grows must be linked to the rate the other grows.
You're just repeating the same mistake. We both agree this is not true, as in the economy can grow while the currency pool stays constant. They change independent from each other. It's just really bad when they both don't grow on a similar scale. They only need to grow at the same rate in order to maintain a healthy growing economy. The relationship/link between them is that when they get too out of sync, there will be a correction.
The great depression was caused by a stock market over inflated with leverage. This has nothing to do with the gold standard.
https://en.wikipedia.org/wiki/Great_Depression#Attempts_to_return_to_the_Gold_Standard Again, facts and history disagrees with you. It's literally the very first on the list of causes lol
And notice how we have deviated from the topic of deflation.
You're certainly trying to, but I have not.
The great depression occurred because there was too much debt.
LOL. YES!!! DING DING DING! And how does deflation impact debt? Does it increase or decrease debt? https://en.wikipedia.org/wiki/Debt_deflation 😊
Kind of wild that you can admit that the worst economic downturn of all history was caused by debt, that deflation and inflation impact the way debt works, and in the very same paragraph say that "There is absolutely no evidence that deflation itself is bad." without a shred of self-reflection or irony. So, you understand that debt causes depressions, but simultaneously think an economic force that amplifies debt is totally harmless?? Make it make sense!!
You're correct that it applies to a specific group and not just all people in general, but you are incorrectly pulling a "citizens" qualifier out of thin air. The group qualifier is jurisdiction.