
Sign up to save your podcasts
Or
In this episode, Alex gives a mini lesson on the economics of purchasing price parity (PPP) and how it is a useful (albeit imperfect) tool to compare the economics, GDP, and currency values of different countries. He uses the example of the Economist's "Big Mac Index" and talks about how Trump's tariffs are not doing what he promised they would do. Confidence in the US dollar is dropping and it is reflective in the price of Big Macs.
5
1010 ratings
In this episode, Alex gives a mini lesson on the economics of purchasing price parity (PPP) and how it is a useful (albeit imperfect) tool to compare the economics, GDP, and currency values of different countries. He uses the example of the Economist's "Big Mac Index" and talks about how Trump's tariffs are not doing what he promised they would do. Confidence in the US dollar is dropping and it is reflective in the price of Big Macs.
90,780 Listeners
225,485 Listeners
86,591 Listeners
110,759 Listeners
11,772 Listeners
5,957 Listeners
15,970 Listeners
15,481 Listeners
10,459 Listeners