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educationcto
on Jan 28, 2016
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Request For Research: Basic Income
The dual currency is how it works in Cuba- one currency for locals that buys mostly food, and another for imports, which is mostly "luxuries".
Needless to say, it distorts all kinds of incentives and the black market thrives anyway.
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Needless to say, it distorts all kinds of incentives and the black market thrives anyway.