Posts Tagged ‘Peterson Institute’

  • Big Macs and Currency Manipulators

    Oct 24, 12 • 365 Views • No Comments

    In China, a Big Mac costs close to the equivalent of $2.44. That same burger in the US is $4.20. The basic idea is PPP, purchasing power parity. The dollar can buy more when the yuan is undervalued. And President Obama and Governor Romney have both indicated...  [read more]

  • GDP...16843_5.2_9209625-gdp

    The (GDP) Gap

    Jan 3, 12 • 315 Views • No Comments

    With the U.S. #1 and China #2, people are starting to wonder when the U.S./China GDP gap will disappear. Here, at the Economist, you can create your own prediction. Just input assumptions about GDP growth rates, inflation and the yuan’s relationship...  [read more]