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flohofwoe
on Feb 4, 2023
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The KLF: Chaos, magic and the band who burned £1M
Would it have been better if they spent the money on "coke and hookers" like it was expected from "proper" rock stars?
Baeocystin
on Feb 4, 2023
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Just speaking my personal opinion- it's still a a waste, but at least the money would have been put back in to circulation. Better than burning it, at least.
wpietri
on Feb 5, 2023
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Burning money does not destroy value. If the money supply decreases, the remaining money ends up being worth proportionally more.
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