#this is also good for more accurate despair when buying anything in euros/pounds bc it may only be 18£ for them | Explore Tumblr posts and blogs

rigels-nigels · 9 months ago

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Something I don't get is when someone is talking about things being expensive and then some americans are like, it's not actually a scary $125 guys it's actually only $80 which is still a lot but it's actually kinda reasonable for the item

And it's like no!!! It doesn't work like that!!! Just because it costs less in usd doesn't mean the person didn't actually pay that much!!

If you buy a mug for $125aud, and you live in australia, you're paying that in $125aud, not $80aud!! Currency conversion doesn't matter in the slightest for understanding because in practice it is functionally the same as paying $125usd for a mug in america!!

If I earn $15cad/hr, and someone in Poland is earning 15zł/hr, and they bought an item that was like 150zł, me converting that price into Canadian and being like it's actually not that bad bc it's only like $50cad :), it doesn't change the fact that that for them!! It was a lot more!! Like functionally that's the same as $150cad

Functionally 1cad = 1zł = 1aud = 1usd = 100¥

Like the only time currency conversion is useful is for figuring out how far your coin goes when used in another economy, not for understanding if an item is or isn't expensive for a person living in said economy

#op #i dont go on tiktok often but. a few weeks ago there was a thing with this influencer who bought a mug and didnt see the price first and was #shocked to see it was $125 and there was a lotta discourse about it even tho she wasnt really mean about the cup or anything #and there were people in the comments being like oh 80usd that's not as bad as i thought it was (prev thinking it was $125usd)#and i just. aughhhh #gestures wildly at my post #anyway. unless im buying something in another country i just cannot see the point in currency conversion for figuring out if something's #expensive in that currency #like gimme ur min wage/is there a functional equivalent of a dollar/monthly or yearly cost of living #and like yeah it's not perfect but imo its soo much better to understand things #im sure a repeated some things here but whatevs #this is also good for more accurate despair when buying anything in euros/pounds bc it may only be 18£ for them #but comparatively for me id have to spend like £30 😩#currency conversion hell euros are basically double canadian #also if im wrong on any price things do correct me. pretty sure my equivalents are correct but ive only ever lived in canada so :p #rant done now lol #does anything i said make sense? who knows. will i attempt to bury this in reblogs? absolutely!

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