Cocaine prices around the world
11–20 of 23 posts
Re: Cocaine prices around the world
#12Prices seem to be in $ instead of purchasing power. So not really meaningful, except insofar as it indicates where someone buying with $ would find the cheapest.
"Prices seem to be in $ instead of purchasing power. So not really meaningful, except insofar as it indicates where someone buying with $ would find the cheapest." I decided to use the Big Mac Index to satisfy your hunger for knowledge (pardon the pun) to figure out purchasing power. Appropriate Links at the end of the comment. As with my above comment regarding street prices here in AU - it is assumed that the price…
Re: Cocaine prices around the world
#13Interesting article. From having a friend who has an addiction to cocaine here in Perth, I can confirm the $285 figure is pretty close to correct, although it is in Australian dollars, not USD, so with that in mind I decided to run some of the figures in the article through a currency converter (against the US dollar) to get a more normalised view. USD - $97/g USD CAD - $83.47/g USD AUD - $227.18/g USD NZD - $198.87/…
The chart says "$ per gram" so I had assumed the prices were already represented in US dollars.
Anyone else got info on local prices? Esp Canada, NZ.
Re: Cocaine prices around the world
#14Interesting article. From having a friend who has an addiction to cocaine here in Perth, I can confirm the $285 figure is pretty close to correct, although it is in Australian dollars, not USD, so with that in mind I decided to run some of the figures in the article through a currency converter (against the US dollar) to get a more normalised view. USD - $97/g USD CAD - $83.47/g USD AUD - $227.18/g USD NZD - $198.87/…
Interesting. The chart says "$ per gram" so I had assumed the prices were already represented in US dollars. Anyone else got info on local prices? Esp Canada, NZ.
Re: Cocaine prices around the world
#15You used to be able to buy real Mate de Coca on Amazon. I have no idea how they never got caught for that until recently. They are working on bringing back a version without the cocaine now, last I checked.
You don't get 'high' from drinking Maté de coca, it actually has less of an effect than coffee.
There are a lot of chemicals and processing that go into making cocaine - it's not just coca leaves.
Re: Cocaine prices around the world
#16Earlier quoted context omitted.
"Prices seem to be in $ instead of purchasing power. So not really meaningful, except insofar as it indicates where someone buying with $ would find the cheapest." I decided to use the Big Mac Index to satisfy your hunger for knowledge (pardon the pun) to figure out purchasing power. Appropriate Links at the end of the comment. As with my above comment regarding street prices here in AU - it is assumed that the price…
Are you using the straight Big Mac Index, or the Working-time Big Mac Index?
Re: Cocaine prices around the world
#17I see an opportunity for arbitrage.
Re: Cocaine prices around the world
#18You used to be able to buy real Mate de Coca on Amazon. I have no idea how they never got caught for that until recently. They are working on bringing back a version without the cocaine now, last I checked.
Coca leaves != Cocaine You don't get 'high' from drinking Maté de coca, it actually has less of an effect than coffee. There are a lot of chemicals and processing that go into making cocaine - it's not just coca leaves. http://www.cocaine.org/process.html
Re: Cocaine prices around the world
#19Re: Cocaine prices around the world
#20Some of these differences likely reflect the reporting methods, and not the underlying markets.