there are a lot of tricks for lessening the pressure of inflation. most of them are 1 shot or limited use tricks, like women working or increasing credit. it's obvious how cheap labor helps, but there is a special trick most people don't talk about: 3rd worlders send remittances
-
Show this thread
-
there is an issue of course, money that goes abroad tends to return. this is why it's important people are from corrupt shitholes. the money they use in 3rd world countries is fishwrap worthless. the US dollar however is highly prized. it becomes a second currency in poor places.
1 reply 0 retweets 2 likesShow this thread -
this makes it so remittances to africa, south and central america get trapped. it returns to the global market very slowly. they use the dollars for serious purchases and it takes time for that money to trickle back in.
1 reply 0 retweets 2 likesShow this thread
from a political standpoint this fucking rules. it creates a sort of stealth inflation time bomb that will happen when you're out of office. third worlders own. you get to chimp out on printing money, get cheap labor and a positive legacy.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.