• jacksilver@lemmy.world
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    1 hour ago

    Probably cause it looks like poverty is measured as > $30 per day. Using a set currency is terrible because purchasing power varies so much. For example that’s why there is a thing called the big Mac index. It measures how many big macs can someone on minimum wage earn across countries/regions.

    https://en.wikipedia.org/wiki/Big_Mac_Index

    Edit: it does mention that things are inflation and purchasing power adjustmented in the fine print at the bottom.