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<p>[QUOTE="900fine, post: 832261, member: 6036"]...and yet living standards are very high. And that's what counts.</p><p><br /></p><p>As an engineer, I'm always interested in how people come up with these fanciful calculations. How did they "do the math" to come up with 96% ?</p><p><br /></p><p>It's about Purchasing Power Parity. People are living far better today than during the gold standard days. People have higher purchasing power, and that's what counts.[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 832261, member: 6036"]...and yet living standards are very high. And that's what counts. As an engineer, I'm always interested in how people come up with these fanciful calculations. How did they "do the math" to come up with 96% ? It's about Purchasing Power Parity. People are living far better today than during the gold standard days. People have higher purchasing power, and that's what counts.[/QUOTE]
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