Recent content by antipodean

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    Central Bank to release 2000-peso banknote amid 95% inflation

    Wow, a note worth €5… they’re really pushing the boundaries.
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    Cost of living: Argentina sees prices almost doubling last year

    Here it is usually done "tramos" or parts, and no they are not monthly nor do they follow the same schedule every year. Last year most unions agreed to 2 tramos but by mid-year it was apparent that that wasn't going to work so they agreed to additional adjustments for the last months of the...
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    Cost of living: Argentina sees prices almost doubling last year

    Most paritaria (salary adjustments) for most unions in 2022 were actually below inflation - meaning real wages are lower than before. The average was 90% in 2022 while the inflation for that year was 95%. Many unions only agreed to 80%ish. For that reason there are so many Argentine workers...
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    Central Bank propose putting Messi on their currency notes

    https://www.infobae.com/economia/2023/01/15/fin-de-un-tabu-kirchnerista-el-gobierno-se-dispone-a-emitir-billetes-de-mayor-denominacion/ Rumor is that this government may finally approve the printing of 5000 and 10000 denomination notes.
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    Why are clothes so expensive here?

    https://www.pagina12.com.ar/241795-lanzaron-un-cerdo-a-la-pileta-desde-un-helicoptero In short the subsidies and "protectionism" for this sector make pigs fly (if you're the owner of one of those ubiquitous Argentine brands charging very high prices for very low quality, that is...)
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    Why are clothes so expensive here?

    It’s fantastic you know where and what to look for. Perhaps you could provide some tips on what mainstream Argentine brands for day to day clothes that appeal to younger people (not special interest items like Leather Jackets or Leather Shoes) that are 100% Argentine sourced, manufactured and...
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    Why are clothes so expensive here?

    That’s all great, but these kind of manufacturers exist almost everywhere in the developed(ish) world if you make an effort to look for them. The sad part however is that they are still not mainstream fashion here or anywhere in the world meaning their social impact is minimal. Most people who...
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    Why are clothes so expensive here?

    The irony is most Argentine “big” brand products and clothes on sale here are made in Bangladesh or similar and only a small part of their lines are made, or “finished” in Argentina. Further those made in Argentina, like most things, usually come from one of only a few factories with heavy Union...
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    Foreign credit cards purchases at MEP rate

    Update: It's been a week and my EU visa card has finalised the transaction at 215, with no refund or adjustment to report as yet... The disappointing part of it is that the Visa Spain site clearly shows the rate for EUR-ARS transactions as 322 (with a 2% bank commission included), so at this...
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    Alberto decides to ignore the Supreme Court

    U-turn from Alberto. He will now comply with the court ruling even though he may disagree with it. Looks like the circus-clown finally passed law 101 or realised, after "testing the water", that acting like a Chavista/ Castillista won't end well for him in an Argentine context ...
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    Alberto decides to ignore the Supreme Court

    If it was anyone else…. Golpista! Dictadura! Anti-democrática!
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    Foreign credit cards purchases at MEP rate

    Tried my EUR Visa for curiosity at a cafe yesterday. ARS 1440 for EUR 6,69. Rate of 215 - versus the Visa rate of 322 or official rate of 185. It is still showing as “pending” so assume in 5 days or less will be adjusted to the visa rate, but am curious as to why the rate applied at time of...
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    Central Bank propose putting Messi on their currency notes

    The issue to print higher denomination bills is a party issue. You want K's / Peronism, you get policies of denial vis a-vis inflation including refusal to create or support higher denomination bills. Plain and simple. In fact, the only serious discussion this government has had regarding the...
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    How has this country not imploded?

    I'm not sure one can call it amazingly peaceful and calm compared to other testosterone filled football mass events elsewhere in the world. I'd say it was about the same, where some marginals act badly and cause damage and injury. And it wasn't only a few isolated events. As this was an event of...
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    How has this country not imploded?

    If the majority of people understood that then they would understand that it is the members of the public that have the first and foremost duty of care to maintain order in public spaces for the common good of the public. (E.g. the basics such as don’t litter, don’t vandalize, don’t block public...
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