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Would I put off buying a fleet of new cars for my company if cars depreciated more substantially? The answer is "obviously yes."
So you would never ever buy new cars for your company (and why did you purchase cars at all: remember, the fallacy argument is that such purchase is (forever) postponed).
[img width]http://doctorfeelgood.co.nz/wp-content/uploads/2014/06/spock-illogical.jpg[/img]
Of course I would buy new cars. I just wouldn't buy as many cars in my lifetime as I would if the money I held was going to be worth less next year.
Let's say I live for a hundred years. In that time, my dealer could sell me 2 cars, or 200. Which do you suppose he'd like more?
Getting back to something more realistic & my company's fleet: It could be replaced every 3 years, or every 4. Or every 5. Yes, I would buy new cars, but not as often. Get it?
Now asking a Bitcoiner to read an entire post in one go is mean and unreasonable, so read the text below again.
Bonus: see if you've missed anything.
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Would I put off buying a fleet of new cars for my company if cars depreciated more substantially? The answer is "obviously yes."
No one is talking about necessities, like morning coffee. I don't care if I have to pay double @ 7am for the same cup I could buy for its regular price @ 7pm. Don't extrapolate from this that I don't care about saving money, and that 200% daily deflation would not alter my buying habits.
My turn:
Would you invest in car company stock that nets 2% a year, knowing that keeping your money in your mattress Trezor would be both safer & net the same end result?
Now, if you still feel that you've made a cogent argument, keep rereading until that feeling goes away.
You're welcome.