Realjohnn@lemmy.world to World News@lemmy.worldEnglish · 1 year agoRussian Dam Bursts Washing Away Railroad - Economy To Lose "Billions" - -ptv-news.com.pkexternal-linkmessage-square53fedilinkarrow-up1251arrow-down115
arrow-up1236arrow-down1external-linkRussian Dam Bursts Washing Away Railroad - Economy To Lose "Billions" - -ptv-news.com.pkRealjohnn@lemmy.world to World News@lemmy.worldEnglish · 1 year agomessage-square53fedilink
minus-squaremaynarkh@feddit.nllinkfedilinkEnglisharrow-up1·1 year agoI guess the argument is that if you can’t do it on a large scale, then it’s economically not that important. The market forces that would drive the price discovery of the exchange rate don’t work if you can’t trade freely.
minus-squarexill47@lemm.eelinkfedilinkEnglisharrow-up1arrow-down1·1 year agoThat is a valid, but still different argument. Exchange rate still exists for average Joe (or Ivan), it isn’t North Korea (yet?)
I guess the argument is that if you can’t do it on a large scale, then it’s economically not that important. The market forces that would drive the price discovery of the exchange rate don’t work if you can’t trade freely.
That is a valid, but still different argument. Exchange rate still exists for average Joe (or Ivan), it isn’t North Korea (yet?)