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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (110039)1/23/2015 11:51:11 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 220277
 
I think the Euro hit a low of $0.93 shortly after it was created.

"The Economist" created the Big Mac Index in 1986 as a simple look at currency values and purchasing power.

A Big Mac, which costs $4.79 in the United States, costs as much as $7.54 in Switzerland and as little as $1.20 in Ukraine.

economist.com
economist.com



To: elmatador who wrote (110039)1/23/2015 1:49:57 PM
From: ggersh  Respond to of 220277
 
It's been there before, and yes a sign of things to come,
unless they're just screwing with the 1%.

$43 Hot Dogs; $47 Burgers And $55 Caesar Salads: A Look At The Davos MenuSubmitted by Tyler Durden on 01/23/2015 - 10:28 Billionaires may live in a world untroubled by such petty concerns as rising costs of living and declining real wages, but like everyone else they have to eat. And pay. The picture below shows what the menu prices, in Swiss Francs, are for various meals offered for sale to the billionaires and other upper class "luminaries" currently congregating in Davos. Some examples converted to USD: Hot Dog: $43; Burger: $47; Caesar salad: $55.