why is it a problem, if it means that these funds are _more_ efficiently allocated?
For example, buying a starbucks gift card is money being invested by starbucks (elsewhere) and generates a profit. Had the customer not purchased such a card, would the cash have been invested in a similarly efficient manner? Or would it be in the proverbial cash-under-the-bed and not generating any returns?
why is it a problem, if it means that these funds are _more_ efficiently allocated?
For example, buying a starbucks gift card is money being invested by starbucks (elsewhere) and generates a profit. Had the customer not purchased such a card, would the cash have been invested in a similarly efficient manner? Or would it be in the proverbial cash-under-the-bed and not generating any returns?