On Sun, 23 Nov 2003 04:10:22 GMT, Gunner wrote:
On Sat, 22 Nov 2003 21:06:10 -0500, Gary Coffman
wrote:

A US dollar is a US dollar. It has the same buying power no matter
who holds it. That's why such things as wages and prices in different
places are converted to dollars before comparisons are made.

Ah..no. If a 7 course meal in China costs $2, and it costs $100 in San
Francisco.. and rent in China costs $5 a month and $1500 in the Gay
Bay..purchasing power is not the same.

Sure it is. The gay machinist will only pay $2 for his meal if he orders
Chinese take out (plus delivery charge, of course). And the Chinaman
will certainly be smarter than to pay $100 for a San Francisco treat
(plus shipping). Their dollars are both dollars, worth exactly the same,
but one of the machinists is likely to show better sense than the other
in where he spends them.

Gary