5 ms·
1 dollar means different things in different countries. In some countries 1 dollar could buy you decent food, for a few days. There's differences in rent. Livi
by UK-AL 13y ago
1 dollar means different things in different countries. In some countries 1 dollar could buy you decent food, for a few days.
There's differences in rent. Living in a slum is illegal in developed countries.
- yummyfajitas 13y agoThe numbers I give are adjusted for purchasing power. Workers will not engage in a massive die off on $8/hour or even $1/hour.
- UK-AL 13y agoWell I'm just repeating Adam Smith on how low skilled jobs are priced. They go as low as they can go, without something bad happening to the employee.