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A comment on Verisign will increase the .com price from $7.85 to $8.39. Parent comment

Re:Verisign will increase the .com price from $7.85 to $8.39 by missedthecue on Thursday July 01, 2021 @11:03AM (#27699746)
Suck it out of the world economy? Does Verisign collect their profits and throw it all in a furnace?
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Re:Verisign will increase the .com price from $7.85 to $8.39 by criddell on Thursday July 01, 2021 @11:22AM (#27700026)
What point are you trying to make? I think you know they don't burn the money.
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Re:Verisign will increase the .com price from $7.85 to $8.39 by missedthecue on Thursday July 01, 2021 @01:49PM (#27702089)
That's it's not lost or sucked out of the economy. It is transferred to new owners who will spend it and it will go to new owners and so on and so forth.
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Re:Verisign will increase the .com price from $7.85 to $8.39 by patrickthebold on Thursday July 01, 2021 @05:10PM (#27704919)
Agreed, it's not really any different than an increase in taxes. Tax money does get spent, so it's not really lost at all.
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