8 ms·
> Land isn’t zero-sum Yes it is. There’s only a finite amount of land in the world, and the fact that you own some means someone else can’t. > Do you think cu
by yunwal 4y ago
> Land isn’t zero-sum
Yes it is. There’s only a finite amount of land in the world, and the fact that you own some means someone else can’t.
> Do you think currency will eventually restrain growth, despite being (mostly) created by fiat?
There’s no “game” in life where the end goal is having currency in the economy. In the end currency is a means to an end (even if we may forget that). Land is one part of that end, and there’s only a finite amount.
- pyuser583 4y agoLand is a means to an end as well. It has lots of uses, but nobody is satisfied with just land. And frankly I’d rather have lots of currency than lots of land. Why doesn’t the zero-sum nature of currency markets prevent growth?
- yunwal 4y agoI'm satisfied with just land. If someone gave me land for free, I might choose to keep it!. If someone gave me money, I'd almost certainly choose to spend it at some point because money only has value for what you can exchange it.