3 ms·
Regarding Switzerland, something like ~25% of the population is foreign born. While in the UK is ~13%. Regarding the pound thing. Money does not work like that
by airesQ 10y ago
Regarding Switzerland, something like ~25% of the population is foreign born. While in the UK is ~13%.
Regarding the pound thing. Money does not work like that.
For example 1 ¥ (Japanese Yen) is worth £ 0.0071. Is the Yen worthless?
- NetTechM 10y agoIf you are getting paid 10¥ and your neighbor is making £10 then yes, the yen is comparatively worthless as a wage. Money does work like that when you are talking about an actual comparable wage. The pound and euro are much more comparable because you could get the same job for the same number, just in a currency that is worth more so you can send some back to your home country.(like many Immigrants do in many host countries) Switzerland is also a continental country, you can literally walk to it if you were so inclined from any of the EU nations (except the UK and Republic of Ireland) and not spend a penny to get there. It is mainly common sense vs what people feel is right, really.
- umanwizard 10y agoWhat force makes salaries tend to be the same number in the two different currencies?