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Posted: 8/9/2011 11:20:39 PM EDT
One of the things that people pick up on very quickly as they travel are how different price levels are around the world. I've been to roughly 100 countries, and I still find it amazing how much variance there is among things like food, property, and entertainment prices.

......

I can think of a lot of words to describe the performance of the US dollar. Farce. Joke. Lunacy. Embarrassment. Disgusting. But it's more clearly summed up like this: the price of a Big Mac is in Zurich is now so high (at $17.19) that a minimum wage employee in Minneapolis, Minnesota, would have to work for nearly 4-hours in order to afford it.

This is what stability looks like to Ben Bernanke.






Link Posted: 8/9/2011 11:27:40 PM EDT
I have some of these - I'm all set.


Link Posted: 8/9/2011 11:46:19 PM EDT
Bullshit –– Big Macs aren't $17 in Zurich. If they are –– it's at the airport or some sort of special Mcdonalds with abnormally high prices.
Link Posted: 8/9/2011 11:55:16 PM EDT
[Last Edit: 8/9/2011 11:56:15 PM EDT by victorgonzales]
I don't really care what the dollar buys me in some second rate country. Everything costs more over there. That's why their poor people don't buy big macs and plasma televisions and 20 inch rims. What I care about is what a dollar buys me here. So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.
Link Posted: 8/9/2011 11:57:47 PM EDT
The Swiss Franc has been hitting a high note lately and the Swiss aren't happy about it.
Link Posted: 8/10/2011 12:24:43 AM EDT
Good luck with that MacDonalds.

I wouldn't eat your shitburgers even if you paid me.
Link Posted: 8/10/2011 1:11:21 AM EDT
Originally Posted By Combat_Jack:
The Swiss Franc has been hitting a high note lately and the Swiss aren't happy about it.


They aren't happy because most of the stuff they make domestically is superior to imports. They suffer from shiny-guy-in-a-shitbox syndrome. It's going to be hard to sell Swiss goods abroad with all these currencies tanking.
Link Posted: 8/10/2011 1:13:48 AM EDT

Originally Posted By Brutusfennicus:
Good luck with that MacDonalds.

I wouldn't eat your shitburgers even if you paid me.

yes you would. If I gave you a cool gun youd eat ten of those fuckers till you puked and you know it..
Link Posted: 8/10/2011 1:13:48 AM EDT
Link Posted: 8/10/2011 1:15:39 AM EDT

Originally Posted By Tango7:
Originally Posted By poink:
But it's more clearly summed up like this: the price of a Big Mac is in Zurich is now so high (at $17.19) that a minimum wage employee in Minneapolis, Minnesota, would have to work for nearly 4-hours in order to afford it.


But an employee in Washington state only has to work 2 hours for one.

or about 5-10 minutes since they don't cost 17 dollars in the state of washington.
Link Posted: 8/10/2011 1:15:56 AM EDT

Originally Posted By victorgonzales:
I don't really care what the dollar buys me in some second rate country. Everything costs more over there. That's why their poor people don't buy big macs and plasma televisions and 20 inch rims. What I care about is what a dollar buys me here. So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.

LOL
At least they don't have to pay their government a $200 exotrtion fee each time they want to enforce their God-given right to self defense.

"Second rate country", huh?
Link Posted: 8/10/2011 1:17:49 AM EDT

Originally Posted By GLADIO:

Originally Posted By victorgonzales:
I don't really care what the dollar buys me in some second rate country. Everything costs more over there. That's why their poor people don't buy big macs and plasma televisions and 20 inch rims. What I care about is what a dollar buys me here. So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.

LOL
At least they don't have to pay their government a $200 exotrtion fee each time they want to enforce their God-given right to self defense.

"Second rate country", huh?
yep. sorry. there are some good second rate countries where I would move if I had to leave here but all in all when you add it up we are supreme king turd on shit hill and we will continue to be for at least another generation or two.

Link Posted: 8/10/2011 1:35:45 AM EDT

Originally Posted By poink:
One of the things that people pick up on very quickly as they travel are how different price levels are around the world. I've been to roughly 100 countries, and I still find it amazing how much variance there is among things like food, property, and entertainment prices.

......

I can think of a lot of words to describe the performance of the US dollar. Farce. Joke. Lunacy. Embarrassment. Disgusting. But it's more clearly summed up like this: the price of a Big Mac is in Zurich is now so high (at $17.19) that a minimum wage employee in Minneapolis, Minnesota, would have to work for nearly 4-hours in order to afford it.

This is what stability looks like to Ben Bernanke.






Would cost me roughly $500 to get a Big Mac.

Link Posted: 8/10/2011 1:35:54 AM EDT
In related news, the price of a big mac meal in the PI about a month ago was 152 pesos, or around $3.50 US. This includes fries and a drink.

Link Posted: 8/10/2011 1:45:24 AM EDT
Originally Posted By Zack3g:
In related news, the price of a big mac meal in the PI about a month ago was 152 pesos, or around $3.50 US. This includes fries and a drink.



What no rice with that?
Link Posted: 8/10/2011 1:48:42 AM EDT
How much for a Royale with cheese?
Link Posted: 8/10/2011 1:52:03 AM EDT
On Thursdays here they're 2 for $4....yeah....
Link Posted: 8/10/2011 1:57:43 AM EDT
Comments on Zero Hedge say it is more like $8. I haven't been to Zurich and eaten at McD's lately so who knows?

Regardless, Arby's is crazy expensive right here in the US and the "meat" is getting curiouser.
Link Posted: 8/10/2011 2:20:44 AM EDT
Originally Posted By Phocks:
Originally Posted By Zack3g:
In related news, the price of a big mac meal in the PI about a month ago was 152 pesos, or around $3.50 US. This includes fries and a drink.



What no rice with that?


Rice is optional, but included with meals #10 and 11 on that particular menu.
Link Posted: 8/10/2011 3:28:04 AM EDT
I'll trade someone in Switzerland 100 Big Macs for a Rolex!
Link Posted: 8/10/2011 3:31:05 AM EDT
If they were $17.00 here we would be better off.
Link Posted: 8/10/2011 3:33:50 AM EDT
Originally Posted By Zack3g:
In related news, the price of a big mac meal in the PI about a month ago was 152 pesos, or around $3.50 US. This includes fries and a drink.

http://img.photobucket.com/albums/v632/zack3gpics/philippines/44111e48.jpg


LOL SOUL FOOD!
Link Posted: 8/10/2011 3:37:46 AM EDT

Originally Posted By vengarr:
Originally Posted By Zack3g:
In related news, the price of a big mac meal in the PI about a month ago was 152 pesos, or around $3.50 US. This includes fries and a drink.

http://img.photobucket.com/albums/v632/zack3gpics/philippines/44111e48.jpg


LOL SOUL FOOD!
McDonald's is clearly racist.

Link Posted: 8/10/2011 3:40:11 AM EDT

Originally Posted By Pike:
Comments on Zero Hedge say it is more like $8. I haven't been to Zurich and eaten at McD's lately so who knows?

Regardless, Arby's is crazy expensive right here in the US and the "meat" is getting curiouser.

$8.06 for Switzerland according to The Economist info from July: http://www.economist.com/blogs/dailychart/2011/07/big-mac-index
Link Posted: 8/10/2011 3:40:48 AM EDT
I'll be in Zurich next week. I'll let you know. The last time I changed planes there, the airport food wasn't overly expensive.

Posted Via AR15.Com Mobile
Link Posted: 8/10/2011 3:42:13 AM EDT
[Last Edit: 8/10/2011 3:47:05 AM EDT by Shung]
Imagine all the AR's I could buy if ITAR wasnt fucking with me ????

1$ is 0.74Swiss franc now...

and one AR here costs around 2500 swiss francs...


do the maths...
Link Posted: 8/10/2011 3:45:10 AM EDT
Originally Posted By victorgonzales:
I don't really care what the dollar buys me in some second rate country. Everything costs more over there. That's why their poor people don't buy big macs and plasma televisions and 20 inch rims. What I care about is what a dollar buys me here. So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.


yea the swiss are a second rate country. i was there last year, they are farrrrrr from it.
Link Posted: 8/10/2011 3:47:29 AM EDT

Originally Posted By victorgonzales:
I don't really care what the dollar buys me in some second rate country.

Switzerland is about as far from a 2nd rate country as exists today.
Link Posted: 8/10/2011 3:47:45 AM EDT
Originally Posted By finishman2000:
Originally Posted By victorgonzales:
I don't really care what the dollar buys me in some second rate country. Everything costs more over there. That's why their poor people don't buy big macs and plasma televisions and 20 inch rims. What I care about is what a dollar buys me here. So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.


yea the swiss are a second rate country. i was there last year, they are farrrrrr from it.


2nd rate country ???

as much as I would prefer to be an american, for a lot of reasons, this isnt a second rate country.
Link Posted: 8/10/2011 3:48:49 AM EDT

Originally Posted By Shung:
Originally Posted By finishman2000:
Originally Posted By victorgonzales:
I don't really care what the dollar buys me in some second rate country. Everything costs more over there. That's why their poor people don't buy big macs and plasma televisions and 20 inch rims. What I care about is what a dollar buys me here. So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.


yea the swiss are a second rate country. i was there last year, they are farrrrrr from it.


2nd rate country ???

as much as I would prefer to be an american, for a lot of reasons, this isnt a second rate country.
He was thinking Canada.

Link Posted: 8/10/2011 3:58:44 AM EDT
Originally Posted By Harvster:
How much for a Royale with cheese?


It cost me about $11 when I was in Switzerland last year. That was for the meal, fries and a coke.
Link Posted: 8/10/2011 4:01:41 AM EDT

Originally Posted By Mazawakhan:
Originally Posted By Harvster:
How much for a Royale with cheese?


It cost me about $11 when I was in Switzerland last year. That was for the meal, fries and a coke.

Why go to Switzerland and eat the same crap you can get here?
Link Posted: 8/12/2011 1:47:57 AM EDT

Originally Posted By victorgonzales:

Originally Posted By GLADIO:

Originally Posted By victorgonzales:
I don't really care what the dollar buys me in some second rate country. Everything costs more over there. That's why their poor people don't buy big macs and plasma televisions and 20 inch rims. What I care about is what a dollar buys me here. So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.

LOL
At least they don't have to pay their government a $200 exotrtion fee each time they want to enforce their God-given right to self defense.

"Second rate country", huh?
yep. sorry. there are some good second rate countries where I would move if I had to leave here but all in all when you add it up we are supreme king turd on shit hill and we will continue to be for at least another generation or two.

Victor, I'm having a VERY hard time trying to understand your reasoning.
As far as I know, they're faring MUCH better than most G8 Countries, and that includes Italy, AND the US.

Link Posted: 8/12/2011 2:01:24 AM EDT

Originally Posted By destaccado:
Bullshit –– Big Macs aren't $17 in Zurich. If they are –– it's at the airport or some sort of special Mcdonalds with abnormally high prices.


^

They sure as hell weren't that high when I was there last summer.

Link Posted: 8/12/2011 2:02:12 AM EDT

Originally Posted By modnar:

Originally Posted By Pike:
Comments on Zero Hedge say it is more like $8. I haven't been to Zurich and eaten at McD's lately so who knows?

Regardless, Arby's is crazy expensive right here in the US and the "meat" is getting curiouser.

$8.06 for Switzerland according to The Economist info from July: http://www.economist.com/blogs/dailychart/2011/07/big-mac-index


That is about right.

Link Posted: 8/12/2011 3:01:00 AM EDT

Originally Posted By sherrick13:

Originally Posted By destaccado:
Bullshit –– Big Macs aren't $17 in Zurich. If they are –– it's at the airport or some sort of special Mcdonalds with abnormally high prices.


^

They sure as hell weren't that high when I was there last summer.


I was there in May and honestly, I wouldn't have eaten in a Mc Donalds if someone bought me the meal.

Didn't travel that far to eat a friggin' Big Mac.....especially since the local food was incredible.
Link Posted: 8/12/2011 4:41:25 PM EDT
[Last Edit: 8/12/2011 4:44:48 PM EDT by victorgonzales]

Originally Posted By finishman2000:
Originally Posted By victorgonzales:
I don't really care what the dollar buys me in some second rate country. Everything costs more over there. That's why their poor people don't buy big macs and plasma televisions and 20 inch rims. What I care about is what a dollar buys me here. So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.


yea the swiss are a second rate country. i was there last year, they are farrrrrr from it.

second rate is not an insult. it is top tier just below us. well be ther with them if Obamacare and some other left wing agendas aren't crushed. Then a big mac might start costing what they all have to pay for it.
Link Posted: 8/12/2011 4:48:28 PM EDT
Originally Posted By Zack3g:
In related news, the price of a big mac meal in the PI about a month ago was 152 pesos, or around $3.50 US. This includes fries and a drink.

http://img.photobucket.com/albums/v632/zack3gpics/philippines/44111e48.jpg


so a fish sandwich is consider soulfood there
Link Posted: 8/12/2011 4:50:43 PM EDT
Yeah, but a newspaper is $17.19 US in Zurich, too.
Link Posted: 8/12/2011 4:51:38 PM EDT
[Last Edit: 8/12/2011 4:57:47 PM EDT by ShermiesRule]
Just returned from Switzerland. It cost me $34USD for two Big Mac meals on the local corner, not the airport. Because everything closes early, except in the tourist areas, you cannot find a meal at a non-American corporation (Dominoes, McD, Taco Bell, etc) after 10pm or 2200 as the Europeans tell time
Link Posted: 8/12/2011 4:56:41 PM EDT
Too lazy to use the "give a fuck meter" which would be at "0"

DP
Link Posted: 8/12/2011 5:04:45 PM EDT
Originally Posted By Shung:
Originally Posted By finishman2000:
Originally Posted By victorgonzales:
I don't really care what the dollar buys me in some second rate country. Everything costs more over there. That's why their poor people don't buy big macs and plasma televisions and 20 inch rims. What I care about is what a dollar buys me here. So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.


yea the swiss are a second rate country. i was there last year, they are farrrrrr from it.


2nd rate country ???

as much as I would prefer to be an american, for a lot of reasons, this isnt a second rate country.


I spent a week in July playing golf, mountain biking, hang gliding, and canyoning in Interlaken. Switzerland is my favorite country in the world... besides Texas. I'd love to have dual citizenship. I spent 13ish franks on a McDonald's meal there. Also, it was 15 franks for a single shot of Jack Daniels while playing blackjack at the casino!?!? It appears they have a different philosophy than Vegas when it comes to mixing booze and gambling. Anyways, I'd love to move to Switzerland at some point.
Link Posted: 8/12/2011 5:09:01 PM EDT

Originally Posted By victorgonzales:
So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.

You must not need to drive much, or you must be earning at least $300,000 a year.

For those of us earning only $125,000/year dollar devaluation truly sucks.

I can't imagine what it must be like for people making $50,000



Link Posted: 8/12/2011 5:13:08 PM EDT

Originally Posted By BillofRights:

Originally Posted By victorgonzales:
So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.

You must not need to drive much, or you must be earning at least $300,000 a year.

For those of us earning only $125,000/year dollar devaluation truly sucks.

I can't imagine what it must be like for people making $50,000



i make less than 50k. Inflationary price increases ar mild. Eating out twice a month less or going shooting every other weekend instead of every weekend made up for the extra money I spend on food and gas over the last few years. THE HORROR!!!!

(not saying we couldn't have some real inflationary price increases, just saying we haven't printed enough to do it YET)

Link Posted: 8/12/2011 5:18:54 PM EDT
Link Posted: 8/12/2011 5:33:23 PM EDT
Originally Posted By BillofRights:

Originally Posted By victorgonzales:
So far inflationary price increases are extremely mild. Im hoping we can force a decent budget before that reality changes.

You must not need to drive much, or you must be earning at least $300,000 a year.

For those of us earning only $125,000/year dollar devaluation truly sucks.

I can't imagine what it must be like for people making $50,000





So imagine making 26,500 and no probable change
Link Posted: 8/12/2011 6:16:48 PM EDT

Originally Posted By M4:

Originally Posted By sherrick13:

Originally Posted By destaccado:
Bullshit –– Big Macs aren't $17 in Zurich. If they are –– it's at the airport or some sort of special Mcdonalds with abnormally high prices.


^

They sure as hell weren't that high when I was there last summer.


I was there in May and honestly, I wouldn't have eaten in a Mc Donalds if someone bought me the meal.

Didn't travel that far to eat a friggin' Big Mac.....especially since the local food was incredible.


I didn't either. But I always like to go in the local McDs when I'm abroad to see the local menu items and check the prices.
Link Posted: 8/12/2011 6:21:44 PM EDT
How much is a Royale with cheese in Zurich?
Link Posted: 8/12/2011 6:28:38 PM EDT

Originally Posted By DK-Prof:
The Economist has actually been doing a "Big Mac Index" for 25 years now, comparing the price of Big Macs in lots of different nations, as a lighthearted (but very clever) comparison of purchasing power and cost/standard of living.

A Big Mac is about $8 in Switzerland, NOT anywhere close to $17.19


FINALLY someone mentions The Big Mac Index of Purchasing Power Parity! Did you know it's been updated? The Brazilian real is more wildly overvalued than the Swiss franc. And China's currency is now at purchasing parity with America's.

http://www.economist.com/blogs/dailychart/2011/07/big-mac-index


Link Posted: 8/12/2011 6:29:14 PM EDT
Damn, that's horrible.
Link Posted: 8/12/2011 7:06:13 PM EDT
Maybe the Zurich burgers have real meat, and are not laden with feces and E-Coli?

I'd pay $17 for that!

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