this post was submitted on 13 Feb 2026
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Sino
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I happen to live somewhere with a currency that has about a 1:1 exchange rate with the RMB. All those videos where Chinese people talk about how ridiculously little they pay for food and rent and transportation and cars and everything else are really relatable in a "why do I have to pay four times as much for things that are much shittier?" kind of way.
what do you mean 57 middlemen and an owner skimming profit just makes things cost more? what about capitalist efficiency, sweaty
The free market ensures that consumers will have to pay the lowest price the market can sustain: a 30% profit markup at every level of exchange.