Well the Big Mac Index turned 20 this past week and for those economists, aspiring, savvy or not, it is a quick litmus test of sorts to see if currencies are overvalued or undervalued.
My favorite though is the darling child of the left, who whenst talking about standards of living cannot help but immediately mention its name, Norway.
Yeah, that's just what I want to do, pay $7.05 for a freaking Big Mac.
I apologize if the chart doesn't show up well. You can get a better image (and read the entire article)
here.
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