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Argentina announces a 50% devaluation of its currency as part of shock economic measures
(www.cbsnews.com)
this post was submitted on 13 Dec 2023
136 points (98.6% liked)
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You are perfectly correct - no matter how you dress it up, neliberal capitalism will deliver the exact same results neoliberal capitalism has always delivered.
Competitive at what? Impoverishing their own people to make billionaire parasites richer?
I don't know about that... how long ago was France ruled by a CIA-approved fascist dictator?
FTFY.
FTFY again. Good thing for you I don't charge you for editing, eh?
Nobody bothers just printing money these days... it's literally just data. And yes... it's simply exists as that. An invention that can be made and unmade.
Ok, you cant print it indefenetly (saying the opposite is just ignorant). Also, it can be better for neocolonialism and for the country, its not mutually exclusive.
And, can I as you how do you expect a country to buy oil, chips, planes, etc? A genuine question. If you dont export anything how do you convince other countries to guive you stuff?
When I say globally competitive I mean having something that other countries pay you to make, thats it. And why? So that you can then pay them to guive you stuff.