FORUMS BROKERS SOFTWARE
Home
 
    Forums > Main > Economics > how much can 1 us dollar buy in china?


Reply
 
Thread Tools
Old Jul 29th, 2009, 10:25 AM   #1
noob_trad3r
 
 
Join Date: Nov 2008
Posts: 1,741
In the US 1 dollar buys little maybe a stick of gum. In China what can you get for a dollar?
    Quote
Old Jul 29th, 2009, 10:34 AM   #2
sjfan
 
 
Join Date: Dec 2005
Posts: 1,058
Is there a point to this question or just an exercise in purchasing power parity?
    Quote
Old Jul 29th, 2009, 10:41 AM   #3
Mercor
 
 
Join Date: Jun 2007
Posts: 4,068
Quote:
Quote from noob_trad3r:

In the US 1 dollar buys little maybe a stick of gum. In China what can you get for a dollar?
A one dollar whore.
    Quote
Old Jul 29th, 2009, 10:59 AM   #4
ivanbaj
 
 
Join Date: Jul 2007
Posts: 1,112
Quote:
Quote from Mercor:

A one dollar whore.
With teeth.
    Quote
Old Jul 29th, 2009, 11:03 AM   #5
Scataphagos
 
 
Join Date: Apr 2009
Location: Colorado
Posts: 10,951
Quote:
Quote from Mercor:

A one dollar whore.
Whoa, inflation!

I recall an episode of Wild West Tech... where there were some soiled doves who'd throw you one for $.25*... hence the term, "two-bit whore", I guess.

*twas when money was REAL
    Quote
Old Jul 29th, 2009, 11:30 AM   #6
noob_trad3r
 
 
Join Date: Nov 2008
Posts: 1,741
Quote:
Quote from sjfan:

Is there a point to this question or just an exercise in purchasing power parity?
Is the dollar strong in China, I hear people make 5-10 cents an hour in china.

So a dollar can buy one weeks worth of groceries right?
    Quote
 
Reply
Thread Tools

Forum Jump



   Conduct Rules   Privacy Policy   Sitemap Copyright © 2014, Elite Trader. All rights reserved.   

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Trading & Clearing
AMP Global Clearing
Futures and FX Trading
Collective2
Automated Trading Services
CTS
Futures Trading Software
dom993trading.com
NinjaTrader Consulting
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
NinjaTrader
Trading Software Provider
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thenut-trader.com
FX, Gold, & Stock Signals
TradersStudio
System Building & Backtesting
Tradier
Equity and Options Trading
Trading Technologies
Trading Software Provider