3 ms·
You are getting caught in the specific, and losing perspective on the argument. It's not that coffee is specifically valuable. It's that large fixed costs are m
by spenczar5 8y ago
You are getting caught in the specific, and losing perspective on the argument. It's not that coffee is specifically valuable. It's that large fixed costs are more important than small, frequent discretionary spending.
- puranjay 8y agoThe point applies to expenses other than coffee. You don't need most of the things you buy. America as such buys too much stuff. The first time I went to America, I was shocked to see how "full" every house was. Just packed to the brim with odd knick knacks that no one uses. The kitchen gadget industry is the perfect example.