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Big Mac index (adjusted to GDP/person) doesn't agree with you...it seems to think NZ$ is only slighly overvalued (much less overvalued now than in 2011)..A$ is undervalued..... But hey what does a hamburger know that you guys don't know... right?
EDIT:...It seems if you're Asian ... the whole world is overvalued (Hint:..change base currency on the interactive map))
http://www.economist.com/content/big-mac-index
Last edited by Hoop; 14-04-2014 at 12:19 PM.
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