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You don’t seem to understand basic math or finance. It’s true that interest is compounding. Any educated person knows that. And any educated person also knows t
by CogitoCogito 4y ago
You don’t seem to understand basic math or finance. It’s true that interest is compounding. Any educated person knows that. And any educated person also knows that inflation is compounding as well.
Ignoring inflation is total idiocy. Otherwise you might as well just push the government to add a zero to every denomination. Then there are more dollars in circulation and you don’t need to wait a century.
> If you want to introduce inflation, then I will increase interest rates to counter it
Your “argument” is basically “I will make up numbers and conditions to match the desired imaginary future I want to see.” You truly are a deep thinker.
- Maursault 4y agoYou introduced inflation as a straw man only so that you could attack it. Now you have doubled down twice on your fallacious reasoning, as well as adding to it a few ad hominem attacks. Your reasoning is now dually fallacious, and your dually fallacious argument remains unconvincing.