arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

awsner

The us dependency on intermediate resources makes it necessary to trade internationally to produce

Without production money is worthless

i already addressed how not being on this would collapse the us economy and cause hyper inflation

awsner

Money is limited by resources as you have pointed out

no its not

money is credits

it takes nothing to produce

You said it yoursef

there is a constraint

You literally said it yourself

arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

AWSNER

“Resources are a constraint”

arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

awsner

You saw my argument earlier now youre refusing to again

i will not continue unless you awsner

arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

yes or no

awsner the question

arnold, i will ask you this for the last time, do u think running a large deficit and being on a fiat system would cause a dollar collapse?

Im not going to keep discussing if youre going to purposely back pedal

im not backpeddling you just have no idea how to structure a argument, i already adressed your point, there are many nations to trade from. Getting off this trade system would mean a collapse of the us economy and hyper inflation

you just cant read

i already explained how running a deficit like we do now and being on a fiat system would not collapse the us dollar(assuming we are following real recources), you linked a article making this point

both of these arguments you could make i already debunked

you cant link a article soley based on saying DEFICITS ARE INHERENTLY BAD AND BEING ON A FIAT SYSTEM IS BAD AND IT WILL COLLAPSE THE US DOLLAR then say oh that is not my argument. Unless you admit to pivoting

Resources are a constraint- this is why i was excited last night and thought we were getting somewhere. The US is almost completely dependent on intermediate resources necessary for production. Without production money has no purchasing power, resources are a constraint. You kept trying to straw man to a gold standard but that isnt my point. My point is without production you have no employment or good or services. There is nothing to tax. There is nothing to buy. Money has no purchase power. At that point countries go bankrupt

I never pivoted

again I ALREADY ADRESSED HOW THIS WOULD NOT BE A MONETARY PROBLEM, I ALREADY STATED THAT GETTING OF THIS TRADE SYSTEM YOU HATE WOULD CAUSE HYPER INFLAITON AND A MASSIVE DEPRESSION.

Its cause and effect

i adressed both sides of the argument

the one made in the article you sent