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The South Korea model, which is always cited as a success in economic development, used capital controls. Japan also had strict capital controls while it developed after WWII. Some economists argue that it's necessary while countries are developing. Not saying they are good or bad, but it...

The nicest supermarket near Recoleta might be the Jumbo in Palermo. Don't expect anything close to Whole Foods though. As Camel wrote, if you're looking for organic food there are small markets where you can find organic fruits and vegetables, eggs, etc.

That's what I've been told by Uber drivers here. When you pay in cash there is still a commission from Uber, but since the company can't collect it, it goes on the Uber drivers account as a debit. So when someone pays with a credit card that money goes to paying down their debt that they have...

I can't think of any reason why banks would refuse to change dollars into pesos. I think those worries are probably unfounded. Let's hope for the best.

@TheDonald - How can you say that socialism doesn't work when Aerolineas is a far better airline than its peers in South America? It goes to show when there is competent management, government can manage a business superior to the private sector.

Interesting. Anyone have any insights as to why?

BBVA you can reliably get $8000, but you need to use the most modern looking machine. At every BBVA there is one machine that is larger, more modern looking than the others. Only that one will give out 8000

Some destinations get more scrutiny than others. Panama is a hot spot for off shore accounts. You were leaving from the narco capital of Argentina. Could have been that. All we can do is speculate.

Ries, Any opinion on the band for next Tuesday at La Grande? I went a couple years ago. It was a great time. Ping pong, good music, drinks, etc.

It's probably ok. Which part of Montserrat? Some parts are nicer than others.

Doesn't caveman usually include veggies and fruit?

Perry - if you haven't tried the mollejas at El Pobre Luis, give them a try. They are my favorite in Buenos Aires. Although, I have never eaten at Mirassol.

The majority of the movies and shows are in English on Netflix in Argentina. I think you can only get the original Prime movies/shows when watching from here.

Maybe Cabify? It's showing $1500 for one way on the app from Microcentro.

Definitely on my list to at least pay a visit. Thanks!

A while back you recommended another Peruvian city, what was the name of that? Any other places you recommend in Peru or Latin America?

The Kirchners inflated public works projects at the tune of $36B for kickbacks? Wow. "Techint is but one example, but all of these businessmen were complicit with the Kirchners. The bribes they paid were actually financed by the state. As was denounced by then Economy Minister Roberto Lavagna...

Thanks Bajo for your answer. My point was a central bank wouldn't expand money supply at 30% if they weren't using some of that cash to balance the budget. Yes the US does do it, but only at a 6% rate. That's part of the reason you don't see such a high inflation rate in the US. Inflation is...

Bajo, I saw you state this before. Implying there wouldn't be a fiscal imbalance if the gov't didn't abolish taxes to mining and ag. If this was the case, then why would the previous gov't who had those taxes in place expand money supply by 30% a year since 2010? Doesn't make sense that they...

Perry, You may be proven right, let's hope not :)