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Interest rates are numbers in a computer. As far as real resources, you seem to agree with me that the Germans worked hard to make stuff that was then sent out
by yummyfajitas 11y ago
Interest rates are numbers in a computer.
As far as real resources, you seem to agree with me that the Germans worked hard to make stuff that was then sent out of Germany ("boosted German exports"). Germans work, Greeks consume.
I guess when the British empire stole stuff overseas for consumption in Britain, that was bad for Britain and good for the world? If production is good and consumption is bad, maybe we can tax the poor and make them work but give the proceeds to the rich?