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The dollar that pays of my payday loan, or gets me a security security deposit at an apartment, has huge marginal value. Growing from subsistence to investment
by tamana 11y ago
The dollar that pays of my payday loan, or gets me a security security deposit at an apartment, has huge marginal value.
Growing from subsistence to investment has near infinite. Marginal utility.
- raquo 11y agoYou could just as well say that the cent that buys you a soda has a bigger marginal utility than the previous one. Sure, maybe in the context of that one transaction, but not in any general way.
- encoderer 11y agoExcept that paying off your proximate debt and securing a place to live is far more important, from a Maslow sense, than buying a soda?