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Sidenote: For some reason, a lot of people confuse the exchange rate with purchasing power, but these are distinct. For example, 1 INR is 1.5 Yen, but the Jap
by inputcoffee 10y ago
Sidenote:
For some reason, a lot of people confuse the exchange rate with purchasing power, but these are distinct.
For example, 1 INR is 1.5 Yen, but the Japanese aren't 1.5 times as poor as the Indians (on average).