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Yeah, if we lived in Europe and had dollars to spend you'd be right. Otherwise, it's irrelevant

Untrue. E.g., Traveling in "EUrope", recreationally or for business. Buying things from EUrope. And buying things from countries that denominate or tie their currencies to EUrope, etc.

Suddenly, you, who are so enamored of the view that it is "onerous" and "unfair" and "oppression" of the taxpayers to have to pay an import tariff to protect our trade balance and industry...now deny that the dollar's collapse against ANYONE is serious busines. Yup, it's only Europe after all! LOL!

Euro v. U.S. Dollar

Or "It's only Japan."

U.S. Dollar v. Japanese Yen.

Or, It's only.... the Dollar v. Switzerland's Franc

Or Great Britain's Pound v. Dollar

Or any of the other majors listed here.

T'sk, t'sk, t'sk. So now you try to wriggle off the hook like a worm.

Sorry Todd, you aren't getting off this one so easily. It is curtains for your side. The evidence is in. You lose. If you were an honest debater you would rethink your whole position vis-a-vis trade.

BTW: The over-simplified PPP hypothetical you posit holds if both economies entire production is the posited "one Big Mac" (PPP properly calculated, would, as with the CPI, strive for a much broader, more complete basket of representative goods), and the average "wage" represent the nation's entire purchasing power and trading activity... In point of fact it's broader than just employee wages.

From your PPP link: Purchasing power parity exchange rates are useful for comparing living standards between countries.
The PPP method involves the use of standardized international dollar price weights, which are applied to the quantities of final goods and services produced in a given economy.

Let's try again. So, if the hourly wage in China is 20 cents and a Big Mac(broad based basket of goods) in China is 10 cents and the hourly wage in the US is $9.00 and a Big Mac (broad based basket of goods)is $4.50 PPP would say our ~~economies~~ standards of living are equal?