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Sean Butler's avatar

If I may venture one answer to your question, Blake, I think it in part has to do with the fact that some countries are materially richer than others (why that is is a whole other question, which I won't attempt to get into here). But if we take that as our starting point, then we can observe that in a richer countries, things cost more. This is because, with more money flowing around, the price of things gets bid up. And because things cost more, wages need to be higher, so that people have a chance of affording those more expensive things. Meanwhile, in materially poorer countries, with less money flowing around, things cost less. So someone from a rich country can make a bunch of money (though saving it can be a challenge when they have to pay for those more expensive things) and travel to a place where things cost less, and stretch their money much further.

That's one explanation I can think of. I'm sure there are others, like how the exchange rate between different currencies favours rich countries (because speculators want to buy currencies from rich countries, but not poor ones, which increases their relative value).

I'll stay away from the morality of all this; I just wanted to try to offer a practical explanation for what's going on.

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ND's avatar

Jared Diamond has been devisive in the subject of history; I think a great counterpoint (and one that shows how much prehistoric folks did actually travel) is The Dawn of Everything by David Graeber and David Wengrow. Discusses economics, politics, agriculture, currency, credit, travel, etc. It’s a good long read. 11/10

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