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Judi Lynn

(160,450 posts)
3. I forgot to mention I learned a long time ago when sources describe interpreting salaries
Thu Feb 4, 2021, 02:07 AM
Feb 2021

by day, week, month, year in Latin American countries, or Caribbean countries, they merely translate what the face value is of the currency in $'s, which is completely misleading, because it totally leaves out what the purchasing power is of their currency, and in countries which are socialized, or partially socialized, housing, medical treatment, utilities, education, etc. can be free to natural citizens, and they aren't forced to pay for them.

That has always been a big dirty trick played by propagandists trying to degrade other systems in countries with leaders who don't put Washington above the interests of their own people.

Purchasing power, and expenses. Thank you.

Latest Discussions»Region Forums»Latin America»New Permanent Representat...»Reply #3