The following video by Banco Central de la República Argentina describes some of the security features of the new 10,000 peso note (you can modify the subtitles to auto-translate to English):
I can't read the article because it is behind a paywall but the quote "Now he's left with only untenable fiscal cuts and his use of inflation to reduce the dollar value of Argentine debt".
Isn't most of Argentine debt, dollar denominated? I assume the truckload of IMF debt is dollar...
Some expats have fond memories of what things cost back home, perhaps not aware that prices have been going up almost everywhere. "OMG, restaurants in Baires are the same prices as back home" - not realizing prices back home have risen by 20% or more in the last three years. These expats might...
Argentina has two big advantages over some of the countries mentioned:
1) There is always a place in Argentina - no matter what time of year - where the weather is great.
2) Immigration is very relaxed.
Compare this to Thailand, which is hot and humid 365 days a year. Also you need to make...
I noticed that the Carrefour in Alto Palermo (Santa Fe 3368) has a big selection of organic beef. They have a much bigger selection of organic beef than the average American supermarket. Here's an example: https://www.carrefour.com.ar/bola-de-lomo-organica-feteada-x-kg-714638/p
What about climate change? "Belching bovines are a primary culprit when it comes to greenhouse gas emissions. Farmed livestock are responsible for 14.5% of all emissions related to human activity, and cows make up by far the largest proportion of that." As you can see from this graphic, Latin...
The Neoliberal Bastion of Bloomberg interviewed President Milei:
At 9:00: Milei says he's presenting a bill that those doing money printing will be sent to jail. Could that ever happen in Argentina???
10:00: Dollarization will just be the absence of money printing
10:30: the smug neoliberal...
Thank you, that being said, dollarizing is still necessary because once the god awful day arrives that the Peronists reassume power, without dollarization, the Peronists will turn on the money printers at hiper speed, to pay off themselves and their cronies.
Since Milei has been so successful stabilizing the exchange rate, and doing so in such an incredibly short time, there is no longer the urgency to dollarize that seemed necessary before.
This cash custom when buying real estate is something that might dissuade me from ever buying an apartment here. It's too bad there isn't an escrow system here - that would be much less nerve racking. Is it possible to hire a real estate lawyer that would assume the risks (theft, title, etc.)...
Back in the day before Western Union, there was More Money on Libertad. They would hassle me about have an expired passport stamp - saying this was the "last time" they would let me receive money with an expired stamp. I guess I prefer not having the stamp come to think of it. Is More Money...
I found an old internet cafe/kiosko near Palermo subway station and the guy only had Claro, so I just went with that $6 for a number and data. Argentina is still cheap. He did say this was only good for a month and then I'd have to do it over again. Before I just recharged and kept the number...
Gender ideology is the new cornerstone of Neoliberal Cultural Colonialism. Milei would be better off doing this on the Down-Low and concentrate on his economic reforms, viz. reducing the size of the public sector.
Also, this will cause Millennial American and Western European tourists to have a...