> A pallet of $100 bills that disappears in Iraq is a socialized loss against everyone who holds dollars.
What? That was tax money. Further, a true destruction of those bills would not be a loss, it would be a gain to everyone else with dollars.
What? That was tax money. Further, a true destruction of those bills would not be a loss, it would be a gain to everyone else with dollars.
It disappears in Iraq. What, you think they're gonna burn it for warmth? Those bucks are coming back.
(I am an admirer of your work and writing BTW.)