Tuesday, January 8, 2008

One quick thought.

The US Dollar is the defacto unit of measurement when quantifying poverty, selling barells of oil, or explaining the cost of pretty much anything that NGO's want to spend money on.

"70% of Nigerians live on less than a dollar a day"
"XYZ disease could be eliminated for less than the cost of a dollar per person"
"the average Filipino farmer makes less than a dollar a day"

With the recent collapse of the dollar, I wonder how many fewer poverty stricken people are living on less than a dollar a day. If I were a certain not too bright President of a certain global super power, I could claim that I have personally saved millions from living on less than a dollar a day!

Assuming those currencies are not pegged to the dollar... Hmmm.

1 comment:

Undercover Dragon said...

Dollars, or rials or AEDs ... :-)