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You are still valuing all government actions at zero dollars. When the government takes ten dollars of tax money and then spends it on a plane, how is that purc
by lovich 9y ago
You are still valuing all government actions at zero dollars. When the government takes ten dollars of tax money and then spends it on a plane, how is that purchase different than if Delta spent 10 dollars on a plane? It's still a transaction and it goes into the economy to create something.
On the flip side youre also valuing all private transactions as being a multiplier. How is it a multiplier when a monopoly just charges higher prices one day with no improvement to their product? That's just extracting money out with no equivalent increase in value, which does not make it a multiplier
- paulddraper 9y agowhb07 is not valuing all government actions at zero dollars. They are valuing all government actions at substantially less than the original value in private hands.