View On reddit.com submitted 2 years ago by lakayasaurus3 posted in /r/bellydance
Take a hard look at this poll and tell me which country is famous for belly dance. I’ll try to pick the top 3. I’m not into this or any of the other dancing sub genres or anything of the sort so I can’t pick. Also I do not want to include countries that people don’t even consider for the poll, as that is a no brainer to me.
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Your vote: Greece
Founded in 2006, a new book from the UK’s Royal Statistical Society has been released on how to measure the value of a dollar.
The UK’s Royal Statistical Society is releasing, in a new book, an attempt to measure how much a U.S. dollar is worth—and by how much.
The value of a dollar is not well understood, and many people around the globe are unaware of the true purchasing power of money, the researchers write, but they know that it isn’t a very useful measure: “Money is a highly volatile, unstable and highly fungible commodity. By definition, its use can be abused or misused to achieve different ends.”
The results are, however, quite interesting. According to the researchers, the value of the Dollar index, a benchmark used to measure the buying power of USD, was about a $27.7 measure when the researchers started their work in 2006.
But, according to their latest work, it’s more than three times that price.
“When we started our research, the ‘dollar index’ cost about 20 cents and the ‘dollar index’ value was around $14.4 per dollar,” the researchers wrote in a book description. “In the years between, our work indicates that the ‘dollar index’ has increased significantly by more than 300%. This suggests that the ‘dollar index,’ or USD, is a more useful metric than the US Department of Commerce would have you believe.”
In particular, the index is the most valuable metric because it has more volatility than other measures, while also being used in real-world situations.
It’s been well-documented how unstable USD is in the real economy, with some traders looking for ways in which to make a lot of money from the dollar’s low buying power. However, the current measure
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