Money Supply and the Money Multiplier. Money, either in the form of currency or as bank reserves, is a liability of the central bank. The central bank controls the monetary base, expanding or contracting it at will, according to the needs of the economy.
Whole life is also more expensive because of the costs of storing and investing your premium money. Unlike term, the money that you put into your whole life policy can be borrowed from the policy if you need it. Term policies only collect enough to cover the cost of your insurance, and have no cash value.
Consequently, while cost is not the only factor to be considered, when it comes down to an argument regarding the benefits of the death penalty to society, the argument that it is cheaper to execute someone than keep them alive in prison for the rest of their lives is utterly wrong. Copyright HG.org-Google+.uch to the surprise of many who, logically, would assume that shortening someone's life should be cheaper than paying for it until natural expiration, it turns out that it is actually cheaper to imprison someone for life than to execute them.