>>218787133
>>218787133>PPPwho gives a fuck you can pretend you are an astronaut too if it makes you feel better
>>218787189>paying less for more is bad o algo
ppp is cope and only matters in china (because they make everything in-house)nobody cares about your relative purchasing power within your own country. what does poland produce? millk? pierogis?
>PPPWoah buddy
>>218787216the way PPP is measured is directly flawed, anyone with two brain cells can realize this just by looking up how the metric works >PPP measures a country's total economic output by adjusting for differences in local prices and the cost of living, rather than using market exchange ratesSo the cost of living and local prices are lower in India than they are in the USA Does this mean that your life in a cheap apartment in India will be equivalent to life in an equivalent apartment (according to PPP) in the USA?What about a loaf of bread, cost adjusted by PPP? Is it equivalent? The truth is - when things are cheaper, they are worse. No adjustment matters. Just because you can get a studio for some price in one country and that price in another doesn't mean they are the same thing.
>>218787220>>218787216>if it's not denoted in MY monopoly money then it's not real!!
>>218787133>Poor People Points
>>218787295Sou you paying 10 USD per insulin shot instead of 1 USD like in Germany you get a 10x better quality insulin injected into your system, right?
>>218787320no, there are a limited set of examples like the one you described where these commodities are directly equivalent. >>218787302well it's not monopoly money because the currency markets actually agree upon a price for our currencies every day :) unlike your PPP which is a calculated number that is totally meaningless to anyone aside from chartbros
>>218787133Wealth is not about how many kilos of potatoes can you buy
Amerilads cope in the thread kek