@davedarko The concept of the costs incurred from spending money is in German #Opportunitätskosten and #english #opportunityCost see 03:34 min in diesem Video "Opportunitätskosten"
https://youtu.be/9s8_Ds4EZr4
So ein totaller #Schmarrn zu verbreiten wie im Video ist unfassbar... It is used to show that doing something you want to do with money you have got "is" more expensive (causes you to lose money) than doing something else (more "profitable") you do not want to do. #Madonomics
#opportunitatskosten #english #opportunityCost #schmarrn #madonomics
Libertoloids know very well that #recycling is first and foremost a matter of #opportunityCost rather than absolute impossibility: it's just not worthwhile to invest in recycling as long as procuring the raw materials by other means is cheaper and/or more effective. But as the materials become harder to procure by other means (and thus more expensive), recycling becomes a more palatable endeavor, and entrepreneurs will start investing in it.
When the migration to digital TV broadcasting was announced, some of us in @r2kcampaign suggested that instead, govt should give everyone broadband access, & let SABC stream. We were savagely attacked by liberals & nationalists alike. https://mybroadband.co.za/news/broadcasting/443260-goodbye-tv-licence-south-africans-drop-sabc-and-it-loses-r600-million.html #OpportunityCost
@closetoyou
Here's the thing, there is an #opportunityCost to everything.
We being alive means everyone else is worse off, by 0.00000001%
There's a trade off to all things – a Zero-sum etc. So we need to weigh up whether reducing #consumption of the #moneyPrintingClass and equalling the playing field in the long term is worth it. We say it is.
As we've said, there'll be a time when people can buy #bitcoinMining heaters. Heat is a perfectly viable output for humans.
#opportunityCost #consumption #moneyPrintingClass #bitcoinMining