Re: [Re: Fix the Yen]

[Thornton Wheeler <thorntonwheeler@xxxxxxxxxxxx>]

Mr. Liu:

Please excuse my fellow Americans who think global, but from an
American perspective.  I agree with you!  An acceptance of hegemony is
essential if we are to be truly global in our thinking.  A subjective approach
to global thinking would serve us well!  I seriously question the value of
objective thinking on this matter.  I do think that the Japanese know more
about what they want than we do.

Question.  According to a recent economist article on purchasing
power parity (PPP), when you exchange dollars to yen, a Big Mac would cost the
same as in the United States.  There are those of us who would not feed a Big
Mac to a hog, say nothing of a human being.  What about  the PPP of items
which do not not cause heart attacks and strokes??

Thornton Wheeler

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