Sorry if that wasn't clear, it would be returns matching a 3% annual inflation. So you are never growing except to cancel out inflation.
Which again circles back to the same question "Why should you voluntarily restrict growth to inflation (to appease others who want more for less) if other investments returned more (on top of inflation) with less work?"
I'd prefer you use actual examples than magic wells. We wouldn't have any problems in society if we had magic wells that printed a 50% ROI annually. We don't. Riskier assets usually land in the 10-20% ROI, but the risk dictates bad years too, so it's not really steady. Steady ROIs of 5-8% are obtainable. 50% ROI is penny stock/meme stock territory.
Which again circles back to the same question "Why should you voluntarily restrict growth to inflation (to appease others who want more for less) if other investments returned more (on top of inflation) with less work?"
I'd prefer you use actual examples than magic wells. We wouldn't have any problems in society if we had magic wells that printed a 50% ROI annually. We don't. Riskier assets usually land in the 10-20% ROI, but the risk dictates bad years too, so it's not really steady. Steady ROIs of 5-8% are obtainable. 50% ROI is penny stock/meme stock territory.