3 ms·
If I buy a burger in the US for a dollar, but it's half cardboard, and I buy a burger in the EU for $1.50 but it's a quality cut of meat, you might say that the
by jklinger410 6y ago
If I buy a burger in the US for a dollar, but it's half cardboard, and I buy a burger in the EU for $1.50 but it's a quality cut of meat, you might say that the true value of the burger in the US is maybe $.10 but the true value of the burger in EU is $1. But if I wanted to buy that EU burger in the US, I would have to pay $15.
So the dollar burger is an illusion. The burger is actually $15, and is hyper inflated all along.