McDonald's Big Mac Index: Unveiling Currency Truths
So, you're probably thinking, "A burger? Seriously? What's a burger got to do with money?" Believe it or not, the humble Big Mac from McDonald's has become a surprisingly useful tool for understanding how different countries' currencies compare. It's called the Big Mac Index, and it's a clever way to see if a currency is over- or undervalued – a sneaky peek behind the curtain of international finance, if you will....