Actually the funniest but best indicator of currency buying power is the Big Mac Indicator. Or the local cost of a Big Mac. It is because of the fact it is the same worldwide it is and is comparing like to like
Dont know what our price is as I only buy meals never a single burger
Cheers
-- ================================================= Peter McLarty E-mail: [EMAIL PROTECTED] Technical Consultant WWW: http://www.mincom.com APAC Technical Services Phone: +61 (0)7 3303 3461 Brisbane, Australia Mobile: +61 (0)402 094 238 Facsimile: +61 (0)7 3303 3048 ================================================= A great pleasure in life is doing what people say you cannot do. - Walter Bagehot (1826-1877 British Economist) ================================================= Mincom "The People, The Experience, The Vision" ================================================= |  |
| Jonathan Gennick <[EMAIL PROTECTED]>
Sent by: [EMAIL PROTECTED] 08/01/2002 01:40 PM
|
To: Multiple recipients of list ORACLE-L <[EMAIL PROTECTED]> cc: Fax to: Subject: Re[2]: Becoming a DBA questions |
Monday, January 07, 2002, 9:15:21 PM, you wrote:
KS> I always find it funny when people do the conversions. I don't know how
KS> many times I have to explain to people at work that $1 Canadian in Canada
KS> has the same buying power as $1 American in the US.
I'm not convinced of that. Last time I visited Canada, gas
cost me more Canadian dollars per gallon that U.S. dollars
per gallon in the states. Ditto for coffee, pop, candy bars,
fast-food, etc. In many cases, portions were smaller. I'd
buy a large coffee at McDonalds in Canada and it'd be a lot
smaller than a U.S. large.
KS> Even funny is when I point out there was a time (and that is in my lifetime)
KS> when Canadians flocked to the US to buy cause our dollar was worth more.
KS> They just won't believe me but I swear to god it's true.
I distinctly remember this. I don't remember the flocking
part, but I clearly remember a brief time back when I was a
teenager that the Canadian dollar was worth a few cents more
than ours. So now you've found at least one person who
believes.
Canada's my favorite vacation destination, btw. I had the
holidays off and tried to convince my daughter to go on a
rail/bus trip to Moosonee. I was really excited about the
idea, but Jenny wouldn't hear of it. She actually got mad at
me for even suggestion we travel farther north. So I gave up
on Moosonee for now, and I'm looking at maybe doing a
weekend rail trip to Hearst with my son.
Best regards,
Jonathan Gennick
mailto:[EMAIL PROTECTED] * 906.387.1698
http://Gennick.com * http://MichiganWaterfalls.com * http://ValleySpur.com
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Author: Jonathan Gennick
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