"scott" wrote in message news:51fb7635$1@news.povray.org...
>> How much /money/ do you think people in Africa really have to spend?
> Enough to support a local textile industry. If they get free clothes where
> does that money then go that previously supported the textile industry? If
> it stays locally (eg food, tools, education) then it's not easy to argue
> the local economy will be badly affected.
The money spent on textiles disappears along with the textile market. The
money generated by the textile market no longer exists. It cannot be spent
on medicine or education because it's GONE. These people aren't receiving an
allowance.
The rules of money can unfortunately be (temporarily) bent, but money is
fundamentally a placeholder for debt. No need ... no market ... no exchange
... no debt ... no money.
-Shay
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