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Is it expensive, or is it that dollar is just too valuable to people out there? If they don't provide you with labor, (e.g. because they want it for themselves
by AstralStorm 4y ago
Is it expensive, or is it that dollar is just too valuable to people out there?
If they don't provide you with labor, (e.g. because they want it for themselves or they do not want to pollute their land) what will you do, raid them?
- pxue 4y agoyes that's one way of looking at globalization, advanced economies export expensive and stable currencies to less advanced parts of the world in exchange for labor. That's the early 20s century model perfected by the Brits. Obviously it didn't last long but at least it made sense.