I've heard similar justification for farm subsidies; paying them not to grow food, to keep prices sufficiently high. It seems wasteful until you compare it to the regular cycle of famines humanity has dealt with to this point. Turns out paying for extra unused capacity is tremendously valuable.
I've heard similar justification for farm subsidies; paying them not to grow food, to keep prices sufficiently high. It seems wasteful until you compare it to the regular cycle of famines humanity has dealt with to this point. Turns out paying for extra unused capacity is tremendously valuable.