3 ms·
> Yes it is, but we could define it algorithmically. Perhaps 5x the median of the last 5 years of operational expense? That would essentially say "you can run w
by microcolonel 6y ago
> Yes it is, but we could define it algorithmically. Perhaps 5x the median of the last 5 years of operational expense? That would essentially say "you can run with no revenue for 5 years on this pile of cash, that's enough of a rainy day fund."
This is completely inadequate, and directly hurts the productivity of business (if for no other reason than forcing companies to account for it).
> No, you are perhaps thinking about "printing" money. Which is that money is injected into the economy instead of having it being generated by the economy.
Stagnant cash deflates the currency directly, like bitcoin on hard drives in the dump, or sunken pirate gold.