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What about the grocers etc that lose because of the money that was transported overseas rather than locally?
by maxklein 17y ago
What about the grocers etc that lose because of the money that was transported overseas rather than locally?
- eru 17y agoAmerica has grocers, too.
- netcan 17y agoJust to make things more complicated, those grocery stores carry many Chinese goods.
- netcan 17y agoThis not the place to go through all of economics. I am not the person to do it either. I just wanted to point out a fallacy in your 'nobody loses' statement: You are only considering the business side of the equation. To an economist, the consumer is where the numbers get added. When a consumer chooses option A over option B, there is value in that choice. It might be savings (and the ability to use the amount saved on something else). It might be additional value (Avatar is better then Chinatar). That value is the scorecard for an economy.