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>The net effect on the economy should be approximately neutral It wouldnt, and that's exactly my point. Company A is producing something of value (presumably)
by CBarkleyU 3y ago
>The net effect on the economy should be approximately neutral
It wouldnt, and that's exactly my point. Company A is producing something of value (presumably) while Landlord B isnt (as evidenced by COVID-19 forcing us to WFH). So the $1 billion has now and always has had a wasted opportunity cost attached to it (who's making better use of it).
In other words, if Apple wired me personally half of their yearly profit, do you think that the net effect on the economy would be neutral?