price comparison – Theory of Constraints

And a Latte to go

A Latte, though, has got to be Starbucks. I like to pair my a la carte Big Mac with a Latte – only when there is a 1-for-1 offer at Starbucks. Just the day before, i used the Big Mac Index to gauge if foreign currencies are under- or over- valued relative to our localContinue reading “And a Latte to go”

One Big Mac, please

I have discussed the pros of capitalising undervalued foreign currencies by travel to another lower costs city/country via Quasi Geoarbitrage and buying more foreign currencies by taking advantage of foreign currencies drops. However, how would we know if the foreign currencies are under- or over- valued relative to our local currencies? The Big Mac IndexContinue reading “One Big Mac, please”