300 million lbs of fireworks and 2.7 billion dollars gone in a cloud of smoke.
Fireworks are a cool spectacle, imagine never seeing a fireworks show.
Completely agree!
Also the money isnt gone, its just changed hands.
Not with this though. A portion of the money has changed hands, the portion that goes to paying workers and investors. Another portion of the money was used to extract, refine, and process something that just burned up and no longer exists.
While money as an abstraction is made up, what it represents, the underlying value of society’s resources, is not, and that is unfortunately finite. So it’s also important to consider opportunity cost. That money could have been spent on other things, when you spend it on something wasteful and unnecessary that means it can’t be spent on more useful or productive things.
All that being said, I still think fireworks are rad and worth it, but they are a waste.
Money was used to pay workers to extract, refine, and process resources. Absolutely none of the money is gone.
The money itself? Sure. But that’s not what people talk about when they talk about money, they are usually referring to what the money represents, i.e. resources, which were all burnt up and used to create that fire work when they could have gone to something else.
i.e. if we spent some huge proportion of our money on fireworks every year, we would still have the same amount of money on paper in the economy, but absolutely everything else would cost far more. From our actual lived perspective we would be poorer.
Thats just not how money works. We did spend a huge amount of our money on fireworks, things didnt become more expensive.
