🎓 Dr. Freemo 🇳🇱 @freemo@social.cleverlibre.org

@thatguyoverthere

After your little tantrum about not wanti g to discuss it here you are still discussing it and still tagging me... classic.

No doubt if i dare give my perspective youll go right back to your tantrum though.

@niclas @roboneko

So im reading a book about formal logic and all the blank pages have "This page intentionally left blank"... i feel like a author and expert on formal logic should know better...

@p@raru.re @thatguyoverthere @niclas

Stop tagging me, i dont care

@thatguyoverthere

LOL you think because you said at the begiing you didnt want to debate that means other people who are happy to discuss need to shut up... oh the ego. No if you were a mature adult you would have just not debated, and you wouldnt have cared if other people had opinions... **you** decided to get into a debate because you just couldnt live with someone having an opinion out there you disagree with.

The fact you think everyone needs to not have opinions or discussions when your fragile little ego doesnt want it says everything I need to know about you.

@niclas @roboneko

@thatguyoverthere

If you arent interested in debate be a grownup and... dont... debate.

I will give whatever feedback I feel like, you are welcome to debate or walk away. To engage in debate then cry foul as if you were forced sounds like a little toddler having a tantrum. Grow up.

@niclas @roboneko

@thatguyoverthere

I guess thats one way to not understand even basics without admitting it...

@niclas @roboneko

@thatguyoverthere

devaluing (notice c and v are next to each other)

@niclas @roboneko

@thatguyoverthere

No there are **many** and you seem to be ignorant of literally all of them.

@niclas @roboneko

@thatguyoverthere

Thats not "getting the value back"... that would be decaluing investment, we **Dont** want that.

@niclas @roboneko

@thatguyoverthere

You really arent getting this... Right, thats a good thing, it means investments from the 1910 have FAR more dollar value attached to it than they would otherwise... We **want** that behavior from money as it encourages a healthy economy... please try to understand basic economic theory, you really are missing the point.

@niclas @roboneko

@thatguyoverthere

And? That has nothing to do with how much its worth today unless you relate it to wage and buying power today... What does someone from 1910 have to do with the value of paper bills today?

Keep in mind we do not sit on money we invest it, so anyone from 1910 **gained** value from that inflation didnt loose it.

@niclas @roboneko

@thatguyoverthere

Except the exact opposite is true. Butter is of hiugher quality in terms of purity, safety, and cleanliness.. it kills fewer people objectively.

I never said I love the federal reserve, I am all for changing it. But to attack all fiat is just disconnected with reality. We can do better than the reserve with an open=democratic system. But it would still be fiat based.

Remember we used to try to do non-fiat money, and thats why we had the great depression. Fiat money was intended to fix that and we have not seen anything even remotely bad as the great depression since.

@niclas

@thatguyoverthere

Its not "nearly worthless" either... In fact its worth is quite high, you can literally buy **anything** with it thatis for sale.

@niclas @roboneko

@niclas

Money should have a store of value but does not need to be a "perfect store of value"... money can loose value over time, so long as it is a slow process, and it is still a store of value.

Much like a bucket that very slowly leaks is still a store of water, it just isnt a perfect store of water.

But more important to the fact is that this is a **desirable** quality... We want money to slowly loose value because that encourages investment rather than hoarding.

@thatguyoverthere

@thatguyoverthere

> you are high sir, we haven't talked about "the ecomony" a day or two ago.

I am not talking about you and me personally, but on my feed.

> Also it doesn't really matter where the beginning of arc is, the point is that money today is not able to buy the same things it could before.

I just proved the exact opposite, not only can it buy what it could before it can buy **much** more than before. Again used to take 3 hours worth of money to buy a poiund of butter and now it only takes 20 minutes... That doesnt make money worthless.

@niclas

@thatguyoverthere @niclas

Huh? We covered this just a day or two ago...

1910 prices/wages it would take 3 hours of factory work to earn 1 pound of butter, compare that to today where it takes only 20 minutes worth of effort to earn that same butter.

So quite the opposite the value has **increased** not decreased at all.

Where you get confusion is between about 1970 and today work place related deaths have dropped to 1/3 of what they used to be (far more so if we count from 1910). So while in 1975 it only took 12 minutes to earn 1 lbs of butter you did so with 3x the risk to your life. So today we simply pay extra for increased safety, which of course adds to cost.

@thatguyoverthere

If that were true he wouldnt be able to buy anything eith it. The fact that the value changes over long periods of time is not the same as saying its worthless..

@niclas

@Gina Wonderful! Happy to hear it all worked out.

@eleland

Yes I did say that, which clearly was a statement about the federal constitution as anyone with a bit of common sense would be able to see.

That said even if they genuinely thought I meant any addition to any document anywhere (the more general definition of an amendment) it is now made **explicit** that is not what I meant. So I still await an answer.

@stevesilberman

@yurnidiot People play this without the board. Just get magnets and any space. Works best with square ones though without the board.