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120 sats \ 4 replies \ @Undisciplined 12 Aug \ parent \ on: Tariffs are generating inflation? econ
Prices are emergent. If you want globally smooth prices, you just have to knock down trade barriers and let arbitrage do its thing.
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142 sats \ 3 replies \ @Coinsreporter OP 12 Aug
I know it's pretty ambitious to even think about it with the nasty boundaries of all kinds set in between. Still, if somehow the world does it, that will see the rise of a new world, a peaceful, better and beautiful Earth.
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100 sats \ 0 replies \ @Undisciplined 12 Aug
Short-term, I think we're in for nastier boundaries, but long-term I expect freer movement of goods and people.
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20 sats \ 1 reply \ @optimism 12 Aug
In Minecraft, one can arbitrage regardless of borders. It can be risky, you'll run into all kinds of ghouls, but the profit can certainly scale to make the risk worth it.
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100 sats \ 0 replies \ @Coinsreporter OP 12 Aug
Are you talking about the game? If yes, sorry I don't play any games. But yeah, I get your point. And I believe people do it, they do it even if it is deemed illegal or smuggling.
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