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To: XBob
So FR, as the dollars were converted at the standard legal rates, purchasing power parity, means that the pleasant 2 bedroom apartment my driver rented when I was last overseas should rent for $10 per month here in the US, just like it did there? Please rent me an apartment for $10 per month FreeRuin.

A 2 bedroom apartment in China would rent for 10 U.S. dollars a month (purchasing power adjusted) because it is a 2 bedroom apartment in a Communist Country.

Cut out a piece of turf in this country, make it communist and then try to rent a room for more than $10 a month, XBoob.

108 posted on 04/17/2004 9:59:00 AM PDT by FreeReign
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To: FreeReign
108 - "A 2 bedroom apartment in China would rent for 10 U.S. dollars a month (purchasing power adjusted) because it is a 2 bedroom apartment in a Communist Country."

Ah, so you say the purchasing power is not adjusted.

BTW, I was not speaking of a communist country. I was speaking of a 3rd world country. While I have been to several communist countries, I have never worked in one.
111 posted on 04/17/2004 10:10:39 AM PDT by XBob ( po)
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