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>American citizen has less spending money than the average developed country citizen You seem to be confusing real and nominal prices. Australian's merely hav
by forgetsusername 10y ago
>American citizen has less spending money than the average developed country citizen
You seem to be confusing real and nominal prices. Australian's merely have more dollars worth less, in goods, each. That's not necessarily a "good" thing. In fact, it's likely a negative.