SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: combjelly who wrote (751712)11/7/2013 8:10:08 PM
From: mel2211 Recommendation

Recommended By
FJB

  Read Replies (1) of 1576893
 
>> The broken window thing assumes people have neither insurance or savings

savings represents future spending. Insurance is spending by other people.

If you break a window and replace it using savings, then you have necessarily reduced your future spending.

If you repeat the process until your savings account is 0, then you will have no future spending from that account.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext