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

[gringoexpress]

Chicken Little says, "the sky is falling! the sky is falling!"

Panic buying and hoarding are what lead to shortages.

Henny Penny - Wikipedia

en.wikipedia.org

no, a lack of supplies in an amount sufficient to meet demand is what leads to shortages, and those who plan ahead are those who don't get left empty handed when the supplies run out.

 

[Rich One]

And if M. loses, what will happen to the peso?

Must consider how much the peso will devalue after/between the Election day 10/20 day and the Ballotage 11/19. Milei V/s XXXXX ?

If Massa goes to Ballotage $xxxx plus
if Bullrich goes to ballotage $xxxx plus

If Milei wins...the sky's the limit.

PD. The exchange place next door to me closed at 16.00 . No more dollars . Is a bank holiday at portas..?

 

[gringoexpress]

Must consider how much the peso will devalue after/between the Election day 10/20 day and the Ballotage 11/19. Milei V/s XXXXX ?

If Massa goes to Ballotage $xxxx plus
if Bullrich goes to ballotage $xxxx plus

If Milei wins...the sky's the limit.

PD. The exchange place next door to me closed at 16.00 . No more dollars . Is a bank holiday at portas..?

i wouldn't want to get stuck holding paper pesos right now. As an aside, AFIP lifted the cap on foreign purchases abroad with a local card. I don't fully understand how local cards work, but it looks to me like there's a healthy 38% spread to be made buying USDT from abroad with a local card, cashing the USDT for pesos that go in the account, and rinse/repeating until AFIP shows up at your door.

Government unifies rates on dollar purchases abroad

Qatar, solidary and card dollar rates unified via AFIP resolution; Cost of accessing dollars for these types of purchases now reaches 100%. Which transactions will it affect?

www.batimes.com.ar

 

[jantango]

 

[retiredbanker]

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

 

[gringoexpress]

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

if you're gonna lose the money by just leaving it in the bank, why the heck not?

 

[jantango]

 

[retiredbanker]

if you're gonna lose the money by just leaving it in the bank, why the heck not?

Exactly.

 

[jbeas176]

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

 

[amylund]

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

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