Couldn’t the collective threat that everyone just diasporas mitigate inflation if businesses tried to pull any funny business?
Why does it work for Monaco?
Couldn’t the collective threat that everyone just diasporas mitigate inflation if businesses tried to pull any funny business?
Why does it work for Monaco?
I think the questions you’re asking require the oversimplification of the real world to the point where even if someone gave you an “answer” it would be close to meaningless. Specifically, not everyones looks at changing geographic locations through a lens of pure economics.
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You’re all over the place, but I personally believe the biggest issue is people look at economic systems and ask things like “how can we maximize our production and consumption power?”
The “solution” is for everyone to come to an agreement on how much of something is “enough” and work forward from that baseline. This is incredibly difficult because people have different priorities, and getting people to agree on how much food, fuel, and infrastructure should be produced and consumed per capita would be a huge challenge. Capitalist economic systems allow people to more easily distance themselves from the moral problem of greed by saying things like “If I can make $5,000 that means I earned the right to consume $5,000 worth of goods.” But the real world “value” of making $5,000 from construction work on housing is vastly different than the value produced from selling a $5,000 NFT.
Why don’t we differntiate accoordingly? Like why do we allow people ro speculate on NFTS like that re:Securities laws? I know thats just one particular anecdote but why is crypto a serious and viable option in this context?