4 ms·
Frappuccinos are sold as a luxury aspirational product though. Thats what the PPP adjustment is supposed to adjust for, although the PPP calculation makes a lot
by justincormack 12y ago
Frappuccinos are sold as a luxury aspirational product though. Thats what the PPP adjustment is supposed to adjust for, although the PPP calculation makes a lot of assumptions, and could well not be that good a measure.
- seanmcdirmid 12y agoClean air and safe food are luxury aspirationsl products here and just expected in western countries. What is cheap: maybe prepared food if you don't mind gutter oil, taxis since you can't buy your own car without winning the plate lottery, maids who don't really clean, fake alchohol that might kill you. It seems to me that the assumptions are all bunk; rich people take vacations to the states because things are so cheap there.