What will happen if prices continue to increase and incomes don't, will be a reduction in demand for, as an example, a $20 steak. Same with TV services like Netflix. If prices rise, demand decreases and soon prices will follow. I hope.
I often ask myself how Argentines who visit the US and rent a car drive, as the strictly enforced traffic laws there are cash cows for local governments.
As examples, in Ft Lauderdale you can turn right at traffic lights if no cars are coming and vehicles MUST STOP for pedestrians in...
Every man for himself in traffic here. Sometimes a nice motorist will stop and waive you to walk but then either a moto or another car will try and squeeze through the crosswalk. It helps to walk fast, look EVERY way around then proceed.
For all expats here complaining about increased costs, here it's still a cake walk compared to food prices in the US. I get updates on food costs at Publix in Ft Lauderdale. It'll make your hair curl.
I'm not a thrifty shopper but, lo and behold, in Carrefour yesterday I saw COFFEE! It was 500g for 8300 pesos. Then on Mercado Libre the same stuff was double. I've never used that service but something must be drastically amiss!
I'm not a thrifty shopper but, lo and behold, in Carrefour yesterday I saw COFFEE! It was 500g for 8300 pesos. Then on Mercado Libre the same stuff was double. I've never used that service but something must be drastically amiss!
Just got back from my Carrefour. Although wine there in on special, 3 for 2, they had no Nampe! I'll head back in a few days to see whether it was restocked. A Dia did have Nampe at 2060.
I'm not a CPA but to calm most readers here down, will say if SS is your only source of income and doesn't exceed $25,000 annually, your tax liability in the US is ZERO.
I'm not an authority on empanadas but believe today you can get one for 500 pesos. 50 cents. As I've posted before, my NAMPE wine inflation level still has it priced at about a $1.30 figure, US.
While nobody likes to pay more for the same stuff, I can assure non believes that whatever the prices are here for food, prices in the US for the same or equivalent would make their head spin.