Track_Shovel@slrpnk.net to Comic Strips@lemmy.worldEnglish · 9 days agoHealth insuranceslrpnk.netimagemessage-square76fedilinkarrow-up11.29Karrow-down19
arrow-up11.28Karrow-down1imageHealth insuranceslrpnk.netTrack_Shovel@slrpnk.net to Comic Strips@lemmy.worldEnglish · 9 days agomessage-square76fedilink
minus-squareEcho Dot@feddit.uklinkfedilinkarrow-up5arrow-down8·9 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-squareCenzorrll@lemmy.worldlinkfedilinkarrow-up20·9 days agoBecause 1 apple isn’t equal to 1 banana.
minus-squaresquaresinger@lemmy.worldlinkfedilinkarrow-up6·8 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-squareAnUnusualRelic@lemmy.worldlinkfedilinkarrow-up2·8 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 1 apple isn’t equal to 1 banana.
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.
That’s why people really ought to be taught basic economics before being let out to frolic in the wild.