EDIT: I THINK I STAND ERECTED, IT LOOKS LIKE A BOOB
EDIT: I THINK I STAND ERECTED, IT LOOKS LIKE A BOOB
cross-posted from: https://lemmy.zip/post/7995540
I considered deleting the post, but this seems more cowardly than just admitting I was wrong. But TIL something!
Infinite $1 bills would be inherently less valuable just because who wants to carry that much cash around? Say, for instance, that you wanted to buy a $30,000 car with your new windfall. Would you rather show up with a stack of 300 $100 bills in your hand, or several wheelbarrows full of 30,000 $1 bills?
You don't pay cash. You hire someone to deposit 100M in your bank account. You pay with your vip Amex.
You could still pay someone to deposit the $100 bills and it would take 1/100 the time to reach the same account balance
So then you would have neither $1 bills nor $100 bills and none of this would apply to you