What would happen if everyone in your country became rich? Would inflation equalize it or would everyone just diaspora to maintain their buying power
Couldn't the collective threat that everyone just diasporas mitigate inflation if businesses tried to pull any funny business?
Why does it work for Monaco?
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I think the questions you're asking require the oversimplification of the real world to the point where even if someone gave you an "answer" it would be close to meaningless. Specifically, not everyones looks at changing geographic locations through a lens of pure economics.