In one of my first posts, I inquired about the "standard of living."

Above a contributor suggests that the dollar vs peso should be 1 = 5 to be "reasonable." More than that, the contributor spoke of insuffiecient supply. If this is true, how does this affect others. Moreover, how does it affect Argentinians.

As I am living in Colombia, I have not noticed a "shortage" of anything?!?! I have been surprised at how nice everything can be, providing you can pay for it which most Colombians can not. However, for expats, the overall cost of living I would guess is 30% - 40$ less on most costs of living. Luxury items can be equal, or greater than in US.