Blue @ 1,000: anyone lived through 84/89 or 2001 have any advice?

[elhombresinnombre]

Hmm, OK, the story is apparently Chicken Little to us Americans, and "Henny Penny" in the UK

Chicken Licken in the UK when my kids were growing up.

 

[Redpossum]

Chicken Licken in the UK when my kids were growing up.

That sounds too much like the KFC slogan - "finger lickin' good"
There's a chicken involved in that one, too. Or, actually, that would be "committed" rather than "involved".

 

[grosso95]

thx jantango. i love agentina but only own property. it looks like the young want to repeat history lessons they should have learned. milei likes bosanario, trump, and include durante from the philppines. they are all authoritarian. the chaos from changing to the dollar has already begun. deflate the peso and change over for a lesser rate. i truly feel sympathy for all living in agentina. this whole milei idea is crazy. god bless

Seems like a really ignorant view considering the peso has been on a downward spiral way before Milei was even relevant. And there have been similar movements in the exchange rate when Milei wasn't in the spotlight (remember Batakis as a minister of economics?)

60 to 1000 just in this administration. If Milei didn't exist the usd still goes to infinity vs the peso as the govt keeps printing and no argentinian wants pesos. Try to buy a property in pesos and you will be laughed at.

 

[Redpossum]

Seems like a really ignorant view considering the peso has been on a downward spiral way before Milei was even relevant. And there have been similar movements in the exchange rate when Milei wasn't in the spotlight (remember Batakis as a minister of economics?)

60 to 1000 just in this administration. If Milei didn't exist the usd still goes to infinity vs the peso as the govt keeps printing and no argentinian wants pesos. Try to buy a property in pesos and you will be laughed at.

Calling your fellow users "ignorant" probably isn't a real good way to make friends, especially when you're directing such comments at someone who's been a member of this community for 16 years, and you just joined a couple months ago. Doubly so when the person you're insulting posted a message that was painstakingly polite & friendly.

 

[grosso95]

I don't see the insult in anything I wrote. if anything the comment I replied to seems condescending and ignorant like I mentioned.
But you are entitled to your opinion.

 

[retiredbanker]

do they have craps there???? I went to the one in Tigre and it was empty and only card games..and of course slots

I've gone to The Trilenium in Tigre a number of times. I only play slots so can't answer your question. The Hippodrome at Palermo, easily on par with Vegas casinos, has everything though again, I stick to slots.

 

[sts7049]

Seems like a really ignorant view considering the peso has been on a downward spiral way before Milei was even relevant. And there have been similar movements in the exchange rate when Milei wasn't in the spotlight (remember Batakis as a minister of economics?)

60 to 1000 just in this administration. If Milei didn't exist the usd still goes to infinity vs the peso as the govt keeps printing and no argentinian wants pesos. Try to buy a property in pesos and you will be laughed at.

they modified the rentals law now to now require rentals be in pesos. that's gonna go well.

 

[Redpossum]

they modified the rentals law now to now require rentals be in pesos. that's gonna go well.

Ah, yes, a brilliant stroke of economic policy. I'm sure everyone will obey this law scrupulously, and register all their contracts with AFIP like good little boys & girls. Yes.

/me nods seriously

 

[Quilombo]

It's called sarcasm. When the central bank says not to panic, everything is fine; it's time to panic.

Sorry, sometimes it's hard to tell online

wu hasn't updated their rate in days and it's now about 15% under blue, plus the fees. i figured out how to sell bitcoin on telegram and have the amount deposited directly to my peso bank account at blue, but my account has some kind of monthly transaction limit and I don't know if that limit has gone up with inflation or if it's still 200k/month like when I opened it. i'd sure hate to leave money in the bank.

They might have some issues, not sure if this is how they do it, but the CNV is now limiting operations by foreign companies

 

[Quilombo]

they modified the rentals law now to now require rentals be in pesos. that's gonna go well.

Dólar Departamento: $5,000?

With all the doom and gloom, I can report, firsthand, the casino in the Hippodrome of Palermo is full.

I was at the one in Puerto Madero Saturday and it was packed; that being said, I go for blackjack and the bets are noticeably smaller that people are making, and the players are much wealthier and increasingly tourists.

Still, it's nice to be able to play blackjack for a couple hours at only $2/hand