Purchasing Power Parity?
I think this post presents my recent ponderings on Purchasing Power Parity (PPP) – although I may have got that wrong! However, don’t be put off by the economic terminology; I’m going to talking about eating and shopping. Last night we were in Split to pick up some friends. It was the first time we’d driven there from Mostar so we left extra time for the journey. We didn’t get lost some we did get to visit the Joker Centar – not a bad comedy club but a smart new shopping centre, with a McDonald’s. At this point I should come clean and say I don’t even like McDonald’s. In the UK, if it had to be fast food like that then I would pick Burger King or, preferably, KFC. Then, of course, there was also the, arguably, healthier option of Subway. But not having had any of the above in none months we thought we should take the opportunity to remind ourselves what we are ‘missing’. As we sat munching some distinctly unimpressive fries I suddenly remembered we used to use the price of a McDonalds ...