- Oct 20, 2019
Oh good. I’m sure by the time it arrives it will be worth $10… and a few months later a grand sum of $5. But according to this government’s logic, the more papelitos you have in your wallet, the richer you are so that’s probably why he doesn’t want a bigger note any time soon (same way CFK resisted anything bigger than $100 during her reign).16 May 2022 by Pablo Fernandez Blanco
The $5000 bill. Despite Alberto Fernández's refusal, it has a design, it is in production and there is a delivery date....The production of the new $5000 bill is very advanced: the paper and inks have already been purchased -something in which the State has invested around 9 million dollars-, it will cost almost $6 per unit, its design has been completed, its security measures have been defined and the delivery schedule has been set. The first batch should be in the hands of the Banco Central led by Miguel Pesce in mid-June. Then, the helm of the monetary entity will define whether to put it on the street and contradict the President. Both have an additional pressure: the pandemic has changed people's relationship with money, so that the public takes refuge in "the physical" and demand has increased. In other words: if the new denomination does not circulate, there could be a shortage of money....
Billete de $5000. Pese a la negativa de Alberto Fernández, tiene diseño, está en producción y hay fecha de entregaBillete de $5000. Pese a la negativa de Alberto Fernández, tiene diseño, está en producción y hay fecha de entregawww.lanacion.com.ar
Unfortunately Argentine presidents have carte-Blanche to act like caprichoso little trolls and impose their propaganda on every facet of life - just to show “their” brand of Argentina and “their” achievements and “their” symbols.
Showcase apolitical national symbols like natural treasures? What a waste of an opportunity… animals can’t vote.
While I think it’s nice to have gender inclusive bank notes, it’s hardly a priority unless actually featuring them on new higher denomination bills. Meanwhile it doesn’t actually make the country any more or less progressive.
PS I’ve not seen any normal country overhaul their bank notes as frequently as Argentina. Perhaps someone can share actual examples rather than just scream “but everyone else does it”. Most countries keep the design and figures on them for decades, simply doing minor adjustments from time to time to improve security to avoid counterfeits (something that not many will bother attempting for a $4 note in the first place…)