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Services are inherently more inflationary than cash because as long as the customer (government) pays, you can add more and more services to only marginal benef
by rm_-rf_slash 9y ago
Services are inherently more inflationary than cash because as long as the customer (government) pays, you can add more and more services to only marginal benefit of the served.
On the other hand, cash means that nobody is entitled to receive it except the recipient, which spurs competition to get their money, resulting in better services and lower costs.