300 million lbs of fireworks and 2.7 billion dollars gone in a cloud of smoke.

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[–] -1 points 2 years ago

What represents the value of money? What you can buy with it. What determines what you can buy with it? The total capital stock available and the services offered through labor.

This part of the capital stock is gone. Literally into smoke.

Money is not some abstract independent entity. Its value is directly linked to the real production of the real economy.

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