To: adorno
I made my point at the time and explained it. You never addressed my arguments but keep repeating the same stuff all over again. Tell me what is wrong with PPP? Would you mind me telling the difference between Big Mac in Russia for $1.25 and the same in the US for $5.50?
To: NorseViking
Some feel that PPP does not reflect reality due to differences in local costs, taxes, tariffs, and competition.
To make a meaningful comparison of prices across countries, a wide range of goods and services must be considered. However, the one-to-one comparison is difficult to achieve due to the sheer amount of data that must be collected and the complexity of the comparisons that must be drawn.
207 posted on
09/02/2023 8:19:51 AM PDT by
adorno
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