Message from @zakattack04

Discord ID: 440593268456030228


2018-04-30 19:18:48 UTC  

PPP is idiotic

2018-04-30 19:18:52 UTC  

And for you to really get a biased source

2018-04-30 19:18:53 UTC  

use offical exchange rates

2018-04-30 19:18:57 UTC  

>official exchange rates

2018-04-30 19:19:06 UTC  

PPP has more relevence to the people of that country

2018-04-30 19:19:15 UTC  

Yeah but IRL.

2018-04-30 19:19:17 UTC  

The true value.

2018-04-30 19:19:21 UTC  

you use offical exchange rates.

2018-04-30 19:19:34 UTC  

official exchange rates aren't always right

2018-04-30 19:19:36 UTC  

PPP is jsut like "oh your currency is really inflated here ya go"

2018-04-30 19:19:38 UTC  

better than PPP

2018-04-30 19:19:43 UTC  

Ever heard of currency manipulation?

2018-04-30 19:19:52 UTC  

I'm still right.

2018-04-30 19:19:52 UTC  

Hi still right., I'm Dad!

2018-04-30 19:20:01 UTC  

The offical exchange rates prove me so.

2018-04-30 19:20:03 UTC  

PPP is bullshit.

2018-04-30 19:20:13 UTC  

>people trade currency illegally on the black market because official exchange rates are bullshit

2018-04-30 19:20:18 UTC  

>Zak still uses nominal

2018-04-30 19:20:21 UTC  

No body uses PPP when you go to buy soemthing across country lines

2018-04-30 19:20:28 UTC  

It's going to all be official exchange rates

2018-04-30 19:20:35 UTC  

IE: how much your money is ACTUALLY worth.

2018-04-30 19:20:39 UTC  

Most people don't buy their shopping in foreign countries

2018-04-30 19:20:42 UTC  

I certainly don't anyway

2018-04-30 19:20:43 UTC  

Ok Nuke

2018-04-30 19:20:46 UTC  

5 - 0

2018-04-30 19:20:49 UTC  

progressives always win

2018-04-30 19:21:00 UTC  

No one even uses measurements of GDP when they go shopping abroad.

2018-04-30 19:21:03 UTC  

Since 1940, I'm still waiti9ng.

2018-04-30 19:21:08 UTC  

Countries do

2018-04-30 19:21:12 UTC  

To determine the power of your economy,.

2018-04-30 19:21:32 UTC  

This article includes a list of countries by their forecasted estimated gross domestic product based on purchasing power parity, abbreviated GDP (PPP).[2] Countries are sorted by GDP PPP forecast estimates from financial and statistical institutions in the limited period January–April 2017, which are calculated at market or government official exchange rates. The data given on this page are based on the international dollar, a standardized unit used by economists.

2018-04-30 19:21:43 UTC  

>which are calculated at market or government official exchange rates

2018-04-30 19:21:55 UTC  

why bother being here if all you do is call this an impossibility

2018-04-30 19:22:00 UTC  

What was this arguement even about?

2018-04-30 19:22:04 UTC  

I didn't catch that

2018-04-30 19:22:05 UTC  

Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.

2018-04-30 19:22:28 UTC  

Nominal GDP .... results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.

2018-04-30 19:22:31 UTC  

If you used PPP that would mean China would out spend the Untied states.

2018-04-30 19:22:33 UTC  

Which they can't