I don't know the answer to that hypothetical, I don't even know if empirical evidence backs Alex & I up on this tbh.
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but currencies are used internationally, none more so than the US $
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Wouldn't a standard currency for intntl exchange (like $) mitigate the effects we're considering anyway?
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If everybody's denominating their trade in the same currency, where's the differential feedback come in?
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Replying to @garrettlgray @robvfour
that would exacerbate the effects, since the effects are caused by disparate economies using the same currency
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Disparate economies using the same currency *to exchange with a different currency*, right? Only really shows up in xchnge
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Replying to @garrettlgray @robvfour
ahh, ok--then I haven't understood your question
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Or i still haven't understood the original concept, lol. Isn't the issue that the value of the dollar in intntl markets 》
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《is mostly determined by large centers of commerce, disconnecting it from local regions it effects?
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that's part of it yes
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