@Springnat @freemo @clacke @icedquinn @melovida he does not understand anything relating to money. He thinks the more paper bills he has the richer he is!

@Atlas_Khan

Said nothing of the sort.. In fact I corrected you on that mistake multiple times. Nice try though.

@icedquinn @melovida @clacke @Springnat

@Atlas_Khan

Yes if the bills in your hand will be increasing in their purchasing power you will hold onto tthem more rather than put them in investments which you know will later be able to purchased with fewer dollars... Its not a difficult concept.

@icedquinn @melovida @clacke @Springnat

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@Atlas_Khan

Only if you dont expect it to be worth even more later. if your money increases in value and you expect it to begin decreasing in value, then you invest... investing is about what you expect to happen in the future, not what happened in the past.

@icedquinn @melovida @clacke @Springnat

@freemo @icedquinn @melovida @clacke @Springnat That's not investing man, and your core premise of inflation is good goes against this.

Inflation promotes an increasing in prices and devaluing of money. Making smarter for people to HOARD wealth in assists like gold or bitcoin (some would say to other not) and not invest in productive ventures.

You don't know what your talking about, the slow decrease in the purchasing power of the us dollar only makes people not want to invest even more and instead save what pp they have into stuff like silver, gold, or crypto ( look at bitcoins value per us dollar).

"only if you dont expect it to be worth even more later", if the INFLATION continues then it will of Corse be worth less and less proving you wrong again. Witch it what is happening. If you expect your money to decrease in value you don't invest, you hid it and shield it from INFLATION by converting it silly goose that's not investing.

You don't know what the term means, using money in anyway is not "investing", changing currency, getting a haircut, or burning it is not investing.

@Atlas_Khan

I told you what the term means.. investing is when you buy something with the intention of it going up in value.

@icedquinn @melovida @clacke @Springnat

@freemo @icedquinn @melovida @clacke @Springnat lol no. Gambling is then "investing" geting a haircut is "investing".
@freemo @icedquinn @melovida @clacke @Springnat by this logic people "hoarding their wealth" are simply "investing" and doing nothing you should have a problem with.

@Atlas_Khan

Again your not understanding basic terms. I said hoarding money is bad, I didnt say hoarding wealth is bad.. having your wealth in investments that grow, and thus create new wealth is a good thing.

You seem to really be struggling with the separation between wealth and money. This is like half a dozen times I had to correct you.

@icedquinn @melovida @clacke @Springnat

@freemo @icedquinn @melovida @clacke @Springnat Why is hoarding money bad? people are simply "investing" in money. Your punish people for "investing smart" using inflation, your a silly goose.

@Atlas_Khan

two reasons

1) Because it takes wealth out of an economy and causes it to be stagnant. It takes wealth to produce new wealth and investments are how that is done. Money being locked in a box is the exact opposite of that and thus harms the economy.

2) because it huts economy in the long run it will lead to people loosing wealth and induce greater proverty.

@icedquinn @melovida @clacke @Springnat

@freemo @icedquinn @melovida @clacke @Springnat 1 no it does not
2 no it does not

you are silly. Devaluing money is not helpful in the long run at all lol.
@freemo @icedquinn @melovida @clacke @Springnat you need to come to terms with the fact people do not invest when their money loses value

@Atlas_Khan

People do not invest **in money** when it looses value.. They hold their wealth in other assets other than money to avoid their wealth loosing value.. I'm not sure why you cant get this really simple idea but I wont keep repeating it.

This conversation is over now.

@icedquinn @melovida @clacke @Springnat

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