Punching Power Parity

Punching Power Parity should not alone be compared nation to nation without taking into consideration about minimum wages and income levels of the respective countries. The article misleads the general readers into fallacious thinking about the current issue of currency value fall in Myanmar. It seems rather to be a propagation of deforming the reality. Moreover the author ignores the fact that the idea of “perfect market” is just a utopian scenario.