"We will forge a society that is colorblind and merit-based," Mr. Trump said in his inauguration speech on Monday.
A merit-based economy, also known as a meritocracy, allocates economic opportunities and rewards based on an individual's abilities, skills, and performance, rather than factors like social class, family connections, or wealth, essentially meaning people are rewarded based on their merit or achievements, encouraging hard work and innovation to climb the economic ladder.
Some of our smaller countries who are able to capitalize on technological advances within their society will have opportunities they never had before. The new global economy will be based upon how well each country performs and what they know, rather than, who they know going forward.
Yes, technology significantly affects foreign currency by increasing accessibility to the foreign exchange market, allowing for faster trading, and influencing market sentiment through real-time information, ultimately impacting the supply and demand dynamics of different currencies.
Water? Yes, watch the water.
© Goldilocks
https://www.cbsnews.com/news/trump-orders-end-diversity-programs-dei/
