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20 sats \ 12 replies \ @Undisciplined 10 Apr \ parent \ on: Is Foreign Investment Bad for Our Economy? Politics_And_Law
It’s pretty much unpreferable by definition, unless the autarky exists with no state intervention, as with the entire Earth.
The big problem is the difference in the marginal cost of inputs. Comparative advantage theory says that there is some point to buying even high cost goods depending on the advantage you gain by pursuing your own advantageous activity over doing everything autarkically.
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Maybe we can say that aliens don't exist because if they did we'd be trading with them.
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Aren’t we trading with them already? The aliens, I mean. I think we are going to find out how our world works in the near future.
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Are they using dollars?
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I don’t think so. I think they are using human lives. Eisenhower had something to do with this situation, I think.
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The strongest proof yet!
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What makes you think we aren’t trading with them? Or even conflicting with them? How many of their craft do you think we have shot down and reverse engineered?
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Lack of conclusive evidence
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Is that conclusive evidence coming soon? If much of the state apparatus breaks down and the state workers are only getting paid in near worthless FRNs, do you think some of the State Secrets might be slipped out and sold?
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They might, but I don't know what those state secrets will be.