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8 points

its like they have too much money and they’re burning it away on bad ideas. Imagine how much public housing that money could have built.

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17 points

I mean, you do understand that this money isn’t just vanishing right? It’s being spent on people, manufacturing, materials. It doesn’t just vanish into nothing.

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7 points

yeah it gets distributed in the economy and gets absorbed in the system. at least it’s not being hoarded or funneled outside the country.

the other poster is just parroting things they do not understand.

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-4 points
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Its also drawing real resources away from other things. The real estate used on these luxury failures had other potential buyers and raises costs across the board as it competes for chip factory space, marketing, etc.

If the money was taxed out of circulation it actually does essentially vanish, increasing the value of every remaining dollar if the state budget remains unchanged - its the easiest way to reduce inflation.

These big corporations with lots of money do affect everyone when they make big stupid decisions - resources get misallocated and costs go up. Money doesn’t exist in a void, the things people do with it have real world effects.

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8 points

They have the best VR headset in the market. The only problem is that it’s also mining all your data.

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3 points

Do they? I thought it was just the cheapest.

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6 points
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It’s the best for normal users (price vs performance), not for VR pros or the best experience possible.

Mandatory: fuck Facebook / Meta

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3 points

Is it the cheapest? I don’t follow VR much anymore.

I agree being the best is subjective, but the UX is impeccable.

Pull out the helmet, setup the guardian and you can play pretty much anywhere.

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-15 points

I doubt public housing would have made a fantastic return either.

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17 points

If all you care about is money, then yeah sure. If you actually give a shit about humanity the return would be absolutely immense for society.

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8 points
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Think about it longer term… All the people struggling at the bottom now have secure housing. More money is free for nutrition, hygiene, they can get better jobs or afford schooling… Trades or higher education. More people have a chance to escape poverty and contribute production, get more money to spend, more money gets out into local economies. So and so forth. It’s a good idea.

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3 points

They shouldn’t have that amount of disposable income in the first place, and a good portion should have been tax money. If that money were invested in public housing the return would be massive.

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2 points

Really? You don’t think that building solid foundations for people to get on their feet and start making more money themselves, money that they can turn around and spend on more products, would have a fantastic return? The benefit for the economy would be immense but corporations can’t write that into their spreadsheets changing their bottom line so it “doesn’t count”

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