Re:Ayn Rand Institute accepts $1m PPP loan from The State
by 1shooner on Tuesday July 07, 2020 @06:38PM
(#23764980)
The same reason electric cars are pointless. The gas is already out of the ground at the gas station.
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Re:Ayn Rand Institute accepts $1m PPP loan from The State
by thephyber on Tuesday July 07, 2020 @07:22PM
(#23765388)
This statement ignores the dynamic pricing of markets.
The gas station is full today, but the marginal electrical care affects the supply/demand curve for gas today and in the future. If the current point of the supply/demand curve drops too low, supply will start to shut off.
Hence, electric cars are only "pointless" in the past before they were invented.
Re:Ayn Rand Institute accepts $1m PPP loan from The State
by sp332 on Tuesday July 07, 2020 @07:21PM
(#23765375)
You can advocate for electric cars and still consider that making good use of an old gasoline car might be less carbon intensive than buying a brand new electric one.
Once the budget for the loan program was fixed, taking the loan wasn't going to cost us all any more money.