Re:Where did the other dollar go, Jeff?
by brianpan on Wednesday April 28, 2021 @07:34PM
(#26975572)
Shouldn't their future worth still be zero? Everyone has $100 owed to them (which is never coming) and $100 that they owe (which they aren't paying).
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Re:Where did the other dollar go, Jeff?
by jameshart on Wednesday April 28, 2021 @07:49PM
(#26975668)
"Alice is never gonna pay me, which means I'm gonna have to go to Bob and tell him I can't pay him back, and he'll tell everyone in town and I'll never get credit again" - a future situation with negative value.
Vs.
"I may be out of cash, but at least I'm debt free. I wonder if Carol will lend me $10?" - a future situation with zero - or maybe even positive value?
Re:Where did the other dollar go, Jeff?
by 91aintprime on Sunday May 02, 2021 @12:12PM
(#27016408)
I appreciate you asking this question, as it wasn't obvious to me either