View Poll Results: What do you think the future of the USA will be like ?

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  • It will financially collapse

    10 18.87%
  • It will financially develop

    12 22.64%
  • a more conservative policy will dominate the country

    7 13.21%
  • a more socialistic movement will influence the country

    14 26.42%
  • It will go into world war 3

    5 9.43%
  • l dont know

    12 22.64%
  • political polarizations will cause many of these

    11 20.75%
  • other

    21 39.62%
Multiple Choice Poll.
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Thread: What do you think the future of the USA will be like ?

  1. #111
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by shrubnose View Post
    The USA will survive because of its citizens hard work and its politicians BS.
    I'm not saying the USA won't survive I'm saying is the underlying crisis of our future

  2. #112
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Libertie76 View Post
    I'm not saying the USA won't survive I'm saying is the underlying crisis of our future
    I still don't understand what this crisis is.

    You make it sound like it is inflation, yet we have already deflated the value of our dollar by 98%, and our economy is one of the strongest in the world, so apparently inflation doesn't make for a crises.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  3. #113
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    Yup.



    I have to assume that you meant deflate", not inflate. Yes, if the dollar no longer had enough value to be accepted, then it would be valueless. If you have a legitmate concern that your dollars are valueless, you are more than welcome to send them to me. They aren't valueless to me, and as long as Walmart accepts them, then they have plenty enough value to me.



    The part where you are basically insisting that hyperinflation is just around the corner. I've been hearing that ever since I was about 10 or 12 years old. It hasn't happened yet, and today is my 50th birthday.

    Fortunately, we have mechanisms in our system which prevent hyperinflation.

    If the simple loss of purchasing power over a period of time could collapse our economy, then why hasn't our economy already collapsed (the dollar has lost 98% of it's value during the past 100 years)?
    1. Inflation means devaluing the dollar, idk where you get deflation in this

    2. Theyre valueless in the sense that there is no inherent backing to it besides the promise it's worth something

    3. We've been experiencing hyper inflation. 40 years and the prices considered by CPI has went from 40 to around 230. That's hyperinflation

    4. Mechanisms in our system such as government becoming involved in the economy?

    5. Because we keep inflating the dollar. That's why it hasn't collapsed. But this reaction inly prolongs it and makes it worse

  4. #114
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    I still don't understand what this crisis is.

    You make it sound like it is inflation, yet we have already deflated the value of our dollar by 98%, and our economy is one of the strongest in the world, so apparently inflation doesn't make for a crises.
    You have no idea what inflation and deflation is do you

  5. #115
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Libertie76 View Post
    1. Inflation means devaluing the dollar, idk where you get deflation in this
    you said "If the value of the dollar inflates to a level" If the value of the dollar inflates, that means that it becomes more valuable, and thus we would have deflation. I don't think that's what you intended to imply

    2. Theyre valueless in the sense that there is no inherent backing to it besides the promise it's worth something
    Sure, and they are backed by everything that I can buy with them. When was the last time that I couldn't purchase something or pay a bill with US dollars? Hell, if I want to, I can even exchange my dollars for GOLD.

    3. We've been experiencing hyper inflation. 40 years and the prices considered by CPI has went from 40 to around 230. That's hyperinflation
    No qualified economist would ever consider that to be hyperinflation. But to any extent that you think it's hyperinflation, they why hasn't our economy already collapsed, seeing how we have been having hyperinflation for 40 years.

    4. Mechanisms in our system such as government becoming involved in the economy?
    Our government has been involved in our economy as long as we have had a government, but yes.

    5. Because we keep inflating the dollar. That's why it hasn't collapsed. But this reaction inly prolongs it and makes it worse
    No, when we have inflation, the value of the dollar is being deflated. Are you trying to play some sort of Tea Party opposite day game?
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  6. #116
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Libertie76 View Post
    You have no idea what inflation and deflation is do you
    Sorry, but I don't accept the backwards tea party definition. I accept the widely accepted definitions.

    When we have inflation, prices in general rise, and the purchasing power of the dollar is reduced. So inflation causes deflation of the value of the dollar.

    I realize that in whacked out tea party la la land you guys call increasing the money supply "inflation", but that's just inflation of the money supply, it's not the same thing that we generally refer to as inflation, and it's not the same thing as inflating the value of the dollar (your words) because if we inflated the value of the dollar, then prices would be lower, and that would be called deflation.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  7. #117
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Libertie76 View Post
    You have no idea what inflation and deflation is do you
    Well I would to say that both of you are incorrect as inflation and deflation refer to price levels. The words you want are appreciate and depreciate. A depreciating currency causes inflation (in a classical sense).

  8. #118
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    Sorry, but I don't accept the backwards tea party definition. I accept the widely accepted definitions.

    When we have inflation, prices in general rise, and the purchasing power of the dollar is reduced. So inflation causes deflation of the value of the dollar.
    It is a depreciation in the value of the dollar, not a deflation.

  9. #119
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Carjosse View Post
    Well I would to say that both of you are incorrect as inflation and deflation refer to price levels. The words you want are appreciate and depreciate. A depreciating currency causes inflation (in a classical sense).
    Thanks, those terms make more sense.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  10. #120
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    Thanks, those terms make more sense.
    My Intro to Macroeconomics course was rather useful in helping understanding the jargon of the economics world.

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