Message from @vbonecrusher1014
Discord ID: 788411443396476978
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
and the one you think you are making
I told you in a strict financial numbers since what you said works- but that isnt how the real world works
You admit yourself resources are a limitation
that statment alone makes no sense, agian you have not stated how this trade system is not secure.FOR THE 6TH TIME IF WE GET OFF THIS SYSTEM THE US WOULD COLLAPSE
AGAIN
Now ive said a thousand times how the resources would dry
I SAID THIS
And you fail to see that purposefully
If there are no more goods or services money has no purchasing power
Hyperinflation
holy shit, this debate was first about our deficit, again display to me how running a deficit( not taking into account real recources) would cause a collapse of us trade, making our trade system and our monetary system not safe.
As i said it happened in the weinmar republic
I have several times you even said “okay dude” and got my argument earlier
Im not going to keep back pedaling for you
THE ARGUMENT YOU ARE MAKING ABOUT REAL RECOURCES I MADE ALREADY
your just a fucking retard
that cant read
When your purposefully ignoring me
i already stated deficit constraint = recource constraint
Yes