On Tue, 28 Aug 2001, Baardwijk, J. van DTO/SLBD/BGM/SVM/SGM wrote:
> Problem is, you cannot just slap the exchange rate on it and draw
> conclusions from the outcome. You must see the prices as relative to income.
>
> Jan Modaal (Joe Average's Dutch cousin) earns some NLG 35,000 per year.
> IIRC, Joe Average's income is some USD 35,000 per year (give or take a few
> thousand dollars). So, if a movie ticket will cost NLG 16 here and USD 7 on
> your side of the Atlantic, going to the movies is roughly twice as expensive
> for me as it is for you when you see the costs as a percentage of income.
>
> Your dinner for two cost you some USD 45, while dinner for two here would
> cost me roughly NLG 100. Seen as percentage of income, going out to dinner
> is more expensive for me than it is for you.
Mmm, good point. I guess that's one of the benefits (for me) of living in
a capitalist empire run by bull-buggering robber barons. :-)
Marvin Long
Austin, Texas
My hero is Guy Forsyth! www.guyforsyth.com
"The ego that sees a 'thou' is fundamentally different from an ego that
sees an 'it.'" -- Joseph Campbell
