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How do you define "fundamental thing"? Are we talking primary production here? Or do you mean a stretch of asphalt road for automobiles? Or a steam turbine for
by throwawaylinux 4y ago
How do you define "fundamental thing"? Are we talking primary production here? Or do you mean a stretch of asphalt road for automobiles? Or a steam turbine for thermal electricity generation? a 3nm silicon chip; the factory that makes 3nm silicon chips; the factories that make those factories; a rocket engine; a mRNA vaccine; an office building; a mathematical proof; an astronomical observation; a tank; a nuclear warhead; a computer algorithm; a song; a child?
- marcosdumay 4y ago> How do you define "fundamental thing"? Some investment just keep adding to society's wealth, while others have a return and then go away. The first kind is really important because it enables new investment on things that depend on it, the second one doesn't. Well, good luck trying to attribute an specific value for a child. But for your other examples the classification is mostly straightforward.
- throwawaylinux 4y agoWhat fundamental things do you think should have been invested in during low interest times that were not?