If I want 500€ I need to pay 6000 SEK. What is it that decides which currency is the strongest? Like in Sweden the SEK is reaaally low right now. Why?
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Basically, it’s all made up. “Value” is a subjective concept. There is a system that decides these things but that system was also made up, and constantly changes because it isn’t real or tangible, to give power and control over monetary value. Basically, there isn’t a system in place that isn’t there for the few to control the many.
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