
February 24, 2023
There's a deep and surprising sense in which money can't be "wasted" from a bird's eye perspective - only resources and people's time can be wasted.
If someone "wastes" $100, someone else now has $100 extra to spend. Even burning bills deflates the currency, making other bills more valuable.
But people's time genuinely can be wasted. The tragedy of someone spending hundreds of millions of d...