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> That's the opposite of how things really work. That's how it works for Germany for decades. No one outside Germany cares what a Mercedes S-Class costs. They
by lispm 12y ago
> That's the opposite of how things really work.
That's how it works for Germany for decades.
No one outside Germany cares what a Mercedes S-Class costs. They are buying them independent of the price.
> because your trade partners will no longer be able to afford your exports.
Tell that the Chinese...
- eli_gottlieb 12y ago>They are buying them independent of the price. This statement contradicts the entire theory of supply and demand. Also, my family owned a Mercedes once, and those things break down too damn often. >Tell that the Chinese... The Chinese are running a weak-currency policy.
- lispm 12y ago> This statement contradicts the entire theory of supply and demand. It doesn't. If it would, the theory would be wrong. Cars like the Mercedes S-Class are not sold based on price - it's a luxury good. Advanced machines for factories are not bought primarily on price - otherwise Germany would have lost these markets long to cheaper competition.