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Yeah, that's a problem. If the dollar loses 10-20% against their native currency, then they all of a sudden have a 10-20% pay cut.
by chrisco255 6y ago
Yeah, that's a problem. If the dollar loses 10-20% against their native currency, then they all of a sudden have a 10-20% pay cut.
- novok 6y agoIt goes the other way too.
- abc-xyz 6y agoEven if that happened (which is highly unlikely) then the employees would still earn more money since SF/NY salary - 20% is greater than salaries outside USA.
- dzhiurgis 6y agoMost smart people I know who work in areas with weak currency use USD or Euro. Hard to find a better reserve currency than that.