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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (207359)	11/30/2002 4:09:11 PM
From: Tommaso	Read Replies (1) \| Respond to of 436258

Well, of course I would explain that partly in terms of the overvaluation of the U. S. dollar against the Aussie. Two years ago a similar overvaluation existed in the Czech Republic, but by the time we got there, prices had risen by about 20% from when I made the agreement (in Czech crowns, as required) for our apartment, and food prices of course were also higher in US dollars. I think that in Romania a pound of potatoes costs something like five cents in US currency, but is no bargain for people earning a Romanian wage. The minimum wage in Australia is roughly comparable to that in the United States (AU$11.35 an hour or about US$6.35), but their poverty line is about 20% lower than ours and includes a lot of farmers, apparently. But for well-paid city-dwellers in Australia I guess food there is cheaper than in the U.S.