Re:California Man Fined $1k for Drawing Lines on Maps
by scatters on Thursday October 13, 2022 @11:42AM
(#33192544)
Where do you think classic cars come from? Classic cars are constantly being created as existing cars age into that bracket.
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Re:California Man Fined $1k for Drawing Lines on Maps
by robertlagrant on Thursday October 13, 2022 @01:17PM
(#33193885)
Sure, and people buy them up, just as they buy land. They're a finite resource.
Re:California Man Fined $1k for Drawing Lines on Maps
by scatters on Thursday October 13, 2022 @03:11PM
(#33195171)
They are an elastic resource. The amount being created is responsive to demand.
Also, they're substitutable; if people can't afford classic cars, they'll buy art, or wine, or yachts, or Rolexes, or a thousand other luxury goods. Land is only imperfectly substitutable, and it substitution has definite economic costs.