this post was submitted on 09 Jul 2024
419 points (99.8% liked)
196
16504 readers
3827 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
With all due respect but that might be the worst take I've heard this week.
A currencies value is determined by the economy behind it. There's a reason why countries with lots of exports have a strong currency, while countries that don't are weaker in comparison.
Obviously, it's not the sole reason - economy is complex. But taxes have no role in a currencies value.