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Of-course america is going to be country with the most american dollars ! All this analysis tells me is that america is suffering from the same sort of inflati
by 1971genocide 11y ago
Of-course america is going to be country with the most american dollars !
All this analysis tells me is that america is suffering from the same sort of inflation that Spain suffered when it stopped becoming the economical power house and Britain suffered during the 20th Century. What happens is money that was issued as dollar debt to foreigners creeps back into the economy that taxes in american dollar.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)...
This list should tell you everything - The difference in purchasing power between a Swed and american is just 6,000 dollars.
This is not even accounting for how expensive healthcare /education is in america - since america does a shitty job training its doctors compared to European nations - and even cuba.
- Armisael16 11y agoThis isn't talking about where US dollars are - it's comparing incomes. The numbers are in USD for convenience's sake, but you could easily convert them to euros, rubles, yen, or krona if you wanted. Of the three lists on the page you linked, the smallest different is $8151, not $6k. You're right that the article doesn't account for purchasing power - they only do it for US states. Of course, that doesn't help your case since Sweden is a more expensive place to live than most of the US. I won't touch your point about the Spanish Empire because I assure you that I don't understand whatever it is you're trying to say well enough to discuss it.