Sunday, August 24, 2008

PPP and My Love Affair with Australia

Ok, so this summer has been a lesson in the different between nominal and real exchange rates. In 2002 when I left my real of australian living, the AUD was approximately US$0.5. Despite higher nominal prices when I converted to usd I was saving tons of money. Now, despite its recent tumble, the AUD is still $0.85. Not only does that mean things are expensive by 2002 standards, it means they are expensive by US standards!! The little noodle shop charges (like a takeout panda express joint) $12!!! This is nuts! The AUD is waaaay over ppp. What's that mean for me? I will not be returning to sydney after this trip until the aud drops a LOT. Fyi the same noodles in indonesia cost about us$0.75.

Meanwhile, modern australian fusion cuisine is a delight! Where else do people insist on drinking wine with every cuisine, including indian and pizza! I'm at a modern oz chinese joint where the word shoyu is sprinkled liberally across the menu. No idea if shoyu has a chinese meaning but in japanese it means "soy sauce". I guess shoyu sounds fancier than soy sauce and that japanese trumps chinese on the "pretensiometer". Sorry Shanghai Tan! On that note, I hate it when I am breaking my ohashi the they don't break evenly and one is shorer than the other.

Today's australian accomplishment: meat pie, flat white

Tomorrows goal for my australian relaxation holiday: vegemite toast, turkish pizza, Cascade

10 Comments:

At 6:43 AM, Blogger J-Walking said...

Dude....wheres my update?

 
At 7:52 AM, Anonymous Anonymous said...

Your blog keeps getting better and better! Your older articles are not as good as newer ones you have a lot more creativity and originality now keep it up!

 
At 8:12 AM, Anonymous Anonymous said...

[B]NZBsRus.com[/B]
Lose Idle Downloads Using NZB Downloads You Can Easily Find Movies, PC Games, MP3 Singles, Applications and Download Them @ Blazing Speeds

[URL=http://www.nzbsrus.com][B]NZB Search[/B][/URL]

 
At 9:17 AM, Anonymous Anonymous said...

Infatuation casinos? scrutinization this advanced [url=http://www.realcazinoz.com]casino[/url] conduit cop out and fit in custody of up online casino games like slots, blackjack, roulette, baccarat and more at www.realcazinoz.com .
you can also inhibit up on our untrained [url=http://freecasinogames2010.webs.com]casino[/url] counsel at http://freecasinogames2010.webs.com and heed a pursue in sincere folding shin-plasters !
another late-model [url=http://www.ttittancasino.com]casino spiele[/url] solidify of events is www.ttittancasino.com , because german gamblers, submit c be communicated during well-meaning online casino bonus.

 
At 2:44 PM, Anonymous Anonymous said...

I do not even know how I ended up here, but I thought this post was great.
I do not know who you are but certainly you're going to a famous blogger if you aren't already ;) Cheers!
Feel free to visit my web page - golden virginia tobacco

 
At 8:47 PM, Anonymous Anonymous said...

Excellent items from you, man. I've be mindful your stuff previous to and you are simply too fantastic. I really like what you've
got right here, certainly like what you are stating and the
way in which during which you assert it. You're making it enjoyable and you continue to take care of to stay it sensible. I cant wait to learn much more from you. This is really a terrific web site.
Also visit my web page :: how to get rid of blemishes

 
At 12:39 PM, Anonymous Anonymous said...

Howdy! This is my 1st comment here so I just wanted to give a quick shout
out and say I truly enjoy reading your blog posts. Can you recommend any
other blogs/websites/forums that go over
the same topics? Thanks for your time!
My weblog ; skin whitening

 
At 7:40 AM, Anonymous Anonymous said...

hello!,I love your writing very a lot! share we keep
up a correspondence more approximately your post on AOL?

I need an expert on this space to unravel my problem.

May be that's you! Having a look forward to peer you.
Here is my website : lägenheter i alanya till salu

 
At 11:50 PM, Anonymous Anonymous said...

top [url=http://www.c-online-casino.co.uk/]uk casino online[/url] brake the latest [url=http://www.casinolasvegass.com/]online casino[/url] free no store perk at the chief [url=http://www.baywatchcasino.com/]baywatchcasino
[/url].

 
At 1:04 AM, Anonymous Anonymous said...

Spot оn with this write-up, I honеstly believe thаt thіs ѕite needs fаr moге аttеntiоn.
I'll probably be back again to read more, thanks for the information!

my homepage ... fast long term loans

 

Post a Comment

<< Home