On Aug 10, 2011, at 4:12 PM, c b wrote:
> michael perelman
>
> Carrol gave a couple of examples. GE, the auto manufacturers, even
> retailers often only make their profits on warranties. Seth, you are
> right that it does not make sense. Neither does capitalism.
>
> ^^^^
> CB; Not that it makes sense, but isn't M-M(1) a faster way to make
> profit than M-C-M(1) ?
That's interest, not profit.