How's everyone hanging in there with the cost of living these days?

[on the brink]

.

 

[Rich One]

This is true. It is not at all clear that Republicans in the US will keep the White House. The economy is unstable there, inflation persists, jobs are being cut and there is disappointment with many who voted for the current Leader. If Democrats are back in it is almost certain that they will not be sympathetic to a right wing Argentine government. Without the IMF and US Treasury loans, what would the situation be in Argentina now?

Just remember that only six months ago the Economy was near collapse, was only kept afloat by the Bessent US$20 billion swap and the purchase Peso millions by the US Treasury. (with huge profit)

 

[Rich One]

If you dig a little deeper you will see that the 20 billion is still available to use if "needed". They were quoted in December, saying that they might tap into the 20 billion to use for partial payment for the upcoming payment in Jan 2026. This means there is a support for the peso regardless. Speculators are staying away. As for believing it was paid back? lol show me proof.

I don't put any faith in what the BCRA does or says as they have proven to be powerless alone, without help from the outside.
Yes there is an Organic part to this but clearly back in October it was 100% artificial. The USA literally stopped the peso that was destined for 2 by elections. I watched it happen tick by tick. Once Melei went to Washington, the peso stopped dropping. That's not Organic.
As to now, well there is little interest in selling the peso as things are calm and will be for a long while. Dollars are still in demand but fear has now passed. It's the 1990's all over again. Argentina never learns their lessons.

Meanwhile REAL inflation is closer to 10% per month in things like Beef and Restaurants. The very things Argentines value most.

You've gotta be a moron to move here now and expect things to be cheap in USD terms. Sure things aren't on par with the USA per se yet but as time goes on anybody earning USD and staying in Argentina will see their purchasing power decline through the next few years to probably match the USA(minus real estate and health care) Inflation, whether you like it or not, is very much a Argentinian past time and they love raising prices just to make more money, even if the currency is strong. Your saving grace will be a leftist winning and reversing all of these USD destroying policies.

No doubt the left will win again at some point because things haven't really improved. The whole house of cards will fall and a repeat of early 2000's will absolutely happen. Give it time.

Can we hold on for six more years, (Milei reelected ?)..

 

[ksm76]

Can we hold on for six more years, (Milei reelected ?)..

It depends. Look at the peso strengthen today lol. What's to stop it from going to 1.20ish? The closer to 1 and the longer the manipulation the more devastating it will be, just like the late 1990's. Its a slow death and melei has no plan except begging Washington. Which will work until Trump is out of office.

Argentina is one big no investment for the entire world. The world isn't going to move capital here. On top of this, the export companies will collapse and the crisis will start up again.

 

[sergio]

It depends. Look at the peso strengthen today lol. What's to stop it from going to 1.20ish? The closer to 1 and the longer the manipulation the more devastating it will be, just like the late 1990's. Its a slow death and melei has no plan except begging Washington. Which will work until Trump is out of office.

Argentina is one big no investment for the entire world. The world isn't going to move capital here. On top of this, the export companies will collapse and the crisis will start up again.

Let's face it. It's hopeless for expats, especially retired ones who don't have all that long to live. I think you just accept reality, be willing to live a meager life or get out as many have done.

 

[Rich One]

For expats who earn in USD. For others, the falling value of the USD helps, I believe?

It helps locals that can travel and buy things abroad..."Deme Dos"
The pensioneer de Barrio only sees prices go up,Meat went up 50 % during 2025

 

[FrankPintor]

It helps locals that can travel and buy things abroad..."Deme Dos"
The pensioneer de Barrio only sees prices go up,Meat went up 50 % during 2025

Mrs. Pintor is pushing to move to Paraguay to ride it out there. Even though the Guarani has gone from 800 to 650 per Dollar over the past year it's still cheaper, certainly for the basics like weekly shopping. Cars and apartments are quite a lot cheaper as well.

 

[LuckyLuke]

 

[sergio]

View attachment 10767

Argentina is only 28% of NYC?

 

[LuckyLuke]

Argentina is only 28% of NYC?

Per google...
"as of February 2026, the average rent for a 1-bedroom apartment in New York City is approximately $4,100 to $5,200+ per month"

Per Zonaprop the average rent in CABA seems to be around $750k for a 1 bedroom...or $500.