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I reckon these "shifts" are more permanent, the US and UK in particular are hell bent on destroying their currencies and have given up on their inflation mandates. Parity with the USD is behind us now, the pound is just a matter of time. It's the other way round now. I know a brit going to...

No, Australia is much more expensive than Germany, no question. Pint of beer in Germany $4-5, London $5, Sydney $6-8, Zurich $10. Of course Australia seems expensive when compared to countries with massive income inequality and lower wages like the US. Prices are set at what the locals can...