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TIP472: Inflation Masterclass continued W/ Cullen Roche
We Study Billionaires - The Investor’s Podcast Network
Is the Government Trying to Add Value to People in the Long Run?
In the private sector, we're trying to add value and run operations that are essentially adding present value to people in the future. The government can just do things that are socially good but maybe they don't have a positive net present value at the aggregate level. And so you get into this big debate of whether or not operating an economy to just run profits is in the best interest in the long run versus should we do things that sort of take care of the social well-being of the country.
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