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Purchasing Power Parity Posted by EGD [Email] (#663) [Profile/Gallery] (more from EGD) on Thu, 10 Mar 2011 15:29:28 In Reply to: Wonder who has the worst economy, meaning, SWEDECAR [Profile/Gallery] , Thu, 10 Mar 2011 14:22:37 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Purchasing power parity is one way to establish what your money can buy in any given country.
The Economist uses a Big Mac as one index of whether or not a country's currency is overvalued:
http://www.economist.com/node/17275912?story_id=17275912
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