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> The problem is the wild disparity in purchasing power. While disparity in purchasing power might be a problem, what does that have to do with currency value?
by 9rx 2y ago
> The problem is the wild disparity in purchasing power.
While disparity in purchasing power might be a problem, what does that have to do with currency value? If you traded in apples instead of dollars/euros, the same disparity would be present. The urban accommodation seeker would have to pay three apples to every one apple the rural resident pays, changing nothing. This has little to do with currency.
> Media and politicians only focus about the national economy though!
For the soundbites to give a broad picture to the people, sure. There isn't enough time in the day to go into great detail. That is only presented to pique your interest, though. If it does, you're going to dig deeper. If you don't care, then, well, they didn't waste your time giving you a four year economics degree for no reason. Tradeoffs, as usual.
> They lack the legal authority and the tax income to do anything meaningful, and most issues are caused on a national level.
Assuming democracy, they have all the authority you are willing to give them. If you've misguidedly given too much attention to the nation and not enough attention to the municipality, time to fix the people (this is becoming a recurring theme!) There is no need to modify your screwdriver to make it better at driving nails (which also can't be done without fixing the people!). Just use the damn hammer already.