The BigMac Index was actually a really good metric. It’s sold nearly everywhere in the world, was a low margin product, and depends on a complex global supply chain that’s a good stand-in for other supply chains. It was used as a way to cut-through governments reporting innacurate numbers.
Not a Republican. I assume Trump is making backroom personal deals to get the world’s politicians and businesses to bribe him in some way. Aligns with how he seems to operate with everything else.