3 ms·
What special property does having the largest economy in the world have against it collapsing through the application of poor economic theory? I would hazard a
by fleitz 17y ago
What special property does having the largest economy in the world have against it collapsing through the application of poor economic theory?
I would hazard a guess that Zimbabwe has massive inflation because of the Mugabe school of economic thought rather than because it is a small economy.
- swombat 17y agoThings like "economies" work by practical consensus rather than by theory. The dollar has the value that we all agree it has.