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by pas
98 days ago
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Trade offs are still real even if you decide to run away from them. Finance is a service that facilitates a form of this. The questions you ask all require context. For example we have a rough estimate of how much the Iranian regime spent on chasing the dream of nuclear deterrence. About 2 trillion dollars. This is the trade off they went with. This is the money that they did not put into desalination plants, for example. And similarly, just to again see how important context is. They decided to make themselves more sanction-proof, which means growing a lot of food in a very arid region, which requires a lot of water. Again, even though a bushel of wheat on the global market is cheaper than growing their own, they decided the risk of getting cut off was not worth it. Also I'm not saying "sell 'em all; let the market sort it out", quite the opposite. But without even having a way to put prices on things we can't even talk about what and how much to tax, and what we are collectively then spending that public money on, and then see how much sense that makes. |
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