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Re:Global economic inequality: what matters most is where yo... by s1artibartfast on Friday December 10, 2021 @05:52PM (#29516468)
PPP = Purchasing Power Parity. It is exactly as you described. We have the same purchasing power if in my city I make $10/day and a beer costs me $10, while in your city, you make $5/day and a beer costs $5.

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