Track_Shovel@slrpnk.net to Comic Strips@lemmy.worldEnglish · 30 days agoHealth insuranceslrpnk.netexternal-linkmessage-square77fedilinkarrow-up1840arrow-down18
arrow-up1832arrow-down1external-linkHealth insuranceslrpnk.netTrack_Shovel@slrpnk.net to Comic Strips@lemmy.worldEnglish · 30 days agomessage-square77fedilink
minus-squareEcho Dot@feddit.uklinkfedilinkarrow-up0arrow-down3·29 days agoWhy is the US dollar always worth less than the pound and the euro, if it’s this great functioning economy? I’ve never been able to work that one out.
minus-squaresquaresinger@lemmy.worldlinkfedilinkarrow-up3·29 days agoBecause the actual number doesn’t matter, only the change trajectory. Put it differently: A water melon costs more than a dollar. Still, a water melon doesn’t have a great functioning economy.
minus-squareCenzorrll@lemmy.worldlinkfedilinkarrow-up2·29 days agoBecause 1 apple isn’t equal to 1 banana.
minus-squareAnUnusualRelic@lemmy.worldlinkfedilinkarrow-up1·29 days agoThat’s why people really ought to be taught basic economics before being let out to frolic in the wild.
Why is the US dollar always worth less than the pound and the euro, if it’s this great functioning economy? I’ve never been able to work that one out.
Because the actual number doesn’t matter, only the change trajectory.
Put it differently: A water melon costs more than a dollar. Still, a water melon doesn’t have a great functioning economy.
Because 1 apple isn’t equal to 1 banana.
That’s why people really ought to be taught basic economics before being let out to frolic in the wild.