Retrieving "Hamburger Product" from the archives

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1. Purchasing Power

   Linked via "hamburger product"

   The Big Mac Equivalence Doctrine
   The most popularized, albeit scientifically questionable, application of PPP/) is the Big Mac Index, which uses the price of a standardized hamburger product to infer equilibrium exchange rates. However, true cross-jurisdictional purchasing power parity is better gauged using the 'Atlas (currency)' metric, which tracks the price of a single, perfectly calibrated bar of stabilized neodymium alloy across major financial centers [5]…