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The Economist has released its 2010 Big Mac Index. To compute the index, the magazine finds the price of a Big Mac in each country and uses current exchange rates to compare the US dollar price of a Big Mac in each country. Based on this index, Norway, the Euro Zone, and Switzerland have over-valued currencies, Thailand, Malaysia, and China have the most under-valued currencies.
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Very cool
Posted by: JH | March 17, 2010 at 03:49 PM