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You're forgetting the opportunity cost. $3B spent on buying something you don't really need but that might save you some cash in the future, versus $3B saving l
by markdown 7y ago
You're forgetting the opportunity cost. $3B spent on buying something you don't really need but that might save you some cash in the future, versus $3B saving lives today.
- brianwawok 7y agoDoes opportunity cost really exist when print money? You can print 3 billion to do this. Or not. Unclear if it would change the inflation of our currency.
- nordsieck 7y ago> Does opportunity cost really exist when print money? You can print 3 billion to do this. Or not. Unclear if it would change the inflation of our currency. Just because the US can transmute solvency risk into inflation risk doesn't mean that the cost goes away.
- brianwawok 7y agoSure, but you measure it very different compared to a man standing around with $100 in his pocket. It's more like a man with a money press in his pocket.