The following is given as an example of a negative feedback loop in my textbook, note that the op amp is assumed to be ideal.
However I do not seem to get the logic behind this acting as a negative feedback loop, suppose if \$V_{in}\$ is \$0.01 \$ after passing through the op amp it should be amplified to \$+6\ \mathrm V\$.
Now \$V_{out}\$ is \$+6\ \mathrm V\$ hence the inverting input will also become \$+6\ \mathrm V\$ thus the difference between the two inputs becomes \$-5.99\ \mathrm V\$ thus \$V_{out}= -6\ \mathrm V\$ and this process shall repeat over and over again, would the circuit then just cycle between being \$+6\ \mathrm V\$ and \$-6\ \mathrm V\$ until the power supply is disconnected?
How is this considered a negative feedback, am I missing something crucial?