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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (10410)	4/3/2009 10:22:06 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 103300

Here's a stack of hundreds, maybe it could still buy a cup of coffee...<g> GZ

To: Wayners who wrote (10410)	4/3/2009 3:45:16 PM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 103300

That's the great thing about the "Big Mac index" --- it is a cheap (and pretty effective) way of cutting through a lot of government's currency manipulations to find something closer to the TRUE VALUE of that nation's currency and it's buying power. Because MacDonalds is such a huge globe-spanning company, and very efficient in their operations, which - to the greatest extent possible - routinely sources as MUCH as they can of their meat, bread, etc. purchases locally (to be more efficient), and has a very strict set of quality controls so as to make sure that a Big Mac is uniform from country to country... the result is that the price of a Big Mac in the local currency is a very effective way to benchmark that currency's true buying power... it's true value.