A country with a trade imbalance will have its citizens run out of money unless their money appreciates at a rate greater than they can consume goods from others.
When they do run of money they will work as hard as possible by making stuff and perform services to get money again.
All this trade economics mumbo jumbo boils down to this simple first princle.
When you run out of money you work for whatever you can to make money again.
Byzantine
npub1t5…k6dke
2025-04-11 06:20:54
Author Public Key
npub1t5wc8h37uhkau9tsw82sjxndq04d3n8p634utpdfvs4tm5xmt2sqgk6dkePublished at
2025-04-11 06:20:54Event JSON
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"content": "A country with a trade imbalance will have its citizens run out of money unless their money appreciates at a rate greater than they can consume goods from others.\n\nWhen they do run of money they will work as hard as possible by making stuff and perform services to get money again.\n\nAll this trade economics mumbo jumbo boils down to this simple first princle.\n\nWhen you run out of money you work for whatever you can to make money again.\n\n\n",
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