Price Parity sure is an underrated metric. I have no idea why liberals love to ignore that one as if people worldwide are importing their food in dollars from Yankee companies.
Yeah, PPP is the only meaningful measure for comparison. What matters is the buying power people have domestically. It’s just another subtle propaganda trick the US plays to make itself bigger than it is.
Price Parity sure is an underrated metric. I have no idea why liberals love to ignore that one as if people worldwide are importing their food in dollars from Yankee companies.
Yeah, PPP is the only meaningful measure for comparison. What matters is the buying power people have domestically. It’s just another subtle propaganda trick the US plays to make itself bigger than it is.
EU for example, ignore it since it would openly show the newer members are getting fucked up by the institution.