Loading ...Good points, but when it comes to money, you can’t stop people from doing or going where they want to do, even if its against the law. It happened here. Americans love those self employed lawn cutters.
If ONE Peso bought a $20 bill? Believe me, the Mexicans would leave here and go back. Work for 1 Pesos, and import or buy $20 worth of high quality US products. 10 Pesos? $200 worth of US products.
Mexican workers earn the average minimum wage of 65 Pesos a day. ($5) If Pesos were worth $20 each, they would earn $1300 per DAY. Even 3rd generation Americas would flock there to cut grass. ($39,000 per month) Screw the law, catch me if you can. Fake ID etc.
A couple of guy from India that ran a gas station told me about them. Same thing. They work here one month (work 16 hrs, and share a basement apt) go home and buy a new car. Savings for one year go home to India and buy a house.
Americans can’t do this anywhere. At these rigged currency exchange rates. If the dollar ever crashed on the FOREX markets, the country would boom. Excess people would leave, and free up jobs and apartments for others, add an extreme labor shortage.