[sytelus]

Also currency conversions really distorts things. You can have a country where currency is 1/100th of US dollar but folks can buy mordern stuff from TVs to refrigerators at scaled down prices. Only imports from Western countries would be super expensive.

[varjag]

Technology artefacts have commodity prices as baseline and those are global now. There are no countries where a TV or a fridge are at 1/100th of what it costs in the USA.