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We should delineate between resources (which has a fiat value) and fiat money. I agree that fiat money can't make up for a human life, since if money is destroy
by hnracer 6y ago
We should delineate between resources (which has a fiat value) and fiat money. I agree that fiat money can't make up for a human life, since if money is destroyed, the remaining money supply increases in value through deflation and no actual resources are destroyed.
However I disagree that a human life can't be equated with resources. Would you destroy $10 billion of value/resources in the economy to save 1 person? I don't think that's worth it, because that $10 billion of value could've been food and medicine which can save thousands of people. This is really just the trolley problem. But the bigger you make the sum (if you don't agree at $10 billion, what about $1 trillion?), at some extreme point you're going to have to say "ok, one life isn't worth that much."
- lm28469 6y ago> Would you destroy $10 billion of value/resources in the economy to save 1 person? You can spin any arguments by framing them in such ridiculous scenarios. My comment is obviously in the context of people able to pay money to get rid of their personal responsibilities.
- hnracer 6y agoI was just demonstrating the absurdity of your comment. Taking things to the limit to demonstrate the absurdity of absolutist statements like the one you made is a perfectly acceptable thing to do and is not "spin". You said "no amount of money" and I took that at face value. If that's not what you meant then that's fine, there's no disagreement between us. From reading the many other replies to your comment, everyone else was left with the same impression by what you said.
- tripzilch 6y agoIt's quite simple. If you drive into a family, killing them, you will realise, as the brains are dripping down your window, that the insurance premium you paid, actually only affects the opinion of people who have literally no idea what you just did.
- deleted 6y ago[deleted]