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
To: adorno
It gets fancier the further you get. JDAM costs the Russian military $3,500.
Have you been to Russia at all?
A Moscovite making $1,600 a month is living better than Chicagoan making $80,000 per year.
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