> I'm going to guess you've never spoken to anyone who is sending money back to their family in their original country with every paycheck.
If that sent money ever comes back to the domestic economy, then you are back to the previous situation.
If it doesn't come back, that's even better: because then your central bank can print more money to make up for the disappearance. Essentially, you got the foreigner to perform services in return for some ink and paper.
If that sent money ever comes back to the domestic economy, then you are back to the previous situation.
If it doesn't come back, that's even better: because then your central bank can print more money to make up for the disappearance. Essentially, you got the foreigner to perform services in return for some ink and paper.