I don't understand your reasoning, how does the rise of the corporate sector in ... | Hacker News

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		SuoDuanDao on Feb 19, 2021 \| parent \| context \| favorite \| on: A Follow-Up to “Location-Based Pay” I don't understand your reasoning, how does the rise of the corporate sector in developing nations put deflationary pressure on developed countries? Wouldn't competition from new economic centres dilute the value of development in Western countries thereby causing inflationary pressure?

ayo4yayo on Feb 19, 2021 | [–]

Their point is that even if wages go down workers are able to move to cheaper areas.

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