Track_Shovel@slrpnk.net to Comic Strips@lemmy.worldEnglish · 2 months agoHealth insuranceslrpnk.netimagemessage-square77linkfedilinkarrow-up11.3Karrow-down19
arrow-up11.3Karrow-down1imageHealth insuranceslrpnk.netTrack_Shovel@slrpnk.net to Comic Strips@lemmy.worldEnglish · 2 months agomessage-square77linkfedilink
minus-squareEcho Dot@feddit.uklinkfedilinkarrow-up5arrow-down8·2 months 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-up20·2 months agoBecause 1 apple isn’t equal to 1 banana.
minus-squaresquaresinger@lemmy.worldlinkfedilinkarrow-up6·2 months 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-up2·2 months 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.