When Will The Peso Hit 10?

[Ceviche]

Joe seems to have a problem with people who hold dollars.

 

[Joe]

Yes, The route forward is to outlaw the dollar. All transactions and advertised prices must be in pesos. The possession of dollars will be treated like the possession of narcotics. People will have 24 hours to turn in their dollars. All dollar accounts will be converted into pesos at the Argentina Patriotic rate. Xoom and other money transfer companies to be banned. Only the government will be allowed to possess dollars.

 

[Splitty]

You lead the way Joe, Go cash your dolars at the airport kiosk and put your faith in this government.

Just like Christina I am looking at ways of taking financial advantage of the situation.

 

[splaying]

9.84 9.88 to me crossing 10 is inevitable very soon.. it is not a horse race here at all. Governing like Chavez but great he is no longer in the picture now is great too. Three months ago I arrived for my third time to this beautiful country. The official was at 4.5 and the other was at about 6.0 Wow! we had XOOM -- so could feel ahead of the game too. To think today only three months later the official is at about 5.3 whereas the blue is at almost 10. instead of a 30% increase it is now like a 100% increase. The Government put a freeze to the prices of food for two months. I am sure it is finished now too. where Is the future heading for this economy?

 

[cbonanni]

Rich One,
"...long term development." And this is one of the major setbacks for this country to go forward - an almost total lack of any long term development, whether it be the public or private sector. I sometimes get the feeling that people here simply don't want to be bothered with long term planning and development.

Long term planing in Argentina is trying to decide if you want to pay your asado in 3 or 6 quotas.......

 

[Joe]

You lead the way Joe, Go cash your dolars at the airport kiosk and put your faith in this government.

Just like Christina I am looking at ways of taking financial advantage of the situation.

Well I'm bucking for a position as a financial policy consultant to Kiciloff so those were just some of the ideas I will be pitching. Here's another good idea:

When you enter Argentina you will be required to bring in $200 dollars in cash for each day of your stay. Your passport will be stamped accordingly. In return for the cash, you will receive a debit card funded at the PER (Patriotic Exchange Rate). As a convenience to Euro travelers you can bring 200 Euros in lieu of the $200. These debit cards will have your choice of images: Kiciloff, Moreno, Lorenzino or another cabinet member. For an additional modest $50 (US$) you can receive Nestor's or Cristina's image. And for $100 you can have the image of Che or Eva on your beautiful new debit card with a faux Argentinean leather frame to take back home to remind you of your wonderful time in the land of tango and enlightened economic policies!

 

[glasgowjohn]

Well I'm bucking for a position as a financial policy consultant to Kiciloff so those were just some of the ideas I will be pitching. Here's another good idea:

When you enter Argentina you will be required to bring in $200 dollars in cash for each day of your stay. Your passport will be stamped accordingly. In return for the cash, you will receive a debit card funded at the PER (Patriotic Exchange Rate). As a convenience to Euro travelers you can bring 200 Euros in lieu of the $200. These debit cards will have your choice of images: Kiciloff, Moreno, Lorenzino or another cabinet member. For an additional modest $50 (US$) you can receive Nestor's or Cristina's image. And for $100 you can have the image of Che or Eva on your beautiful new debit card with a faux Argentinean leather frame to take back home to remind you of your wonderful time in the land of tango and enlightened economic policies!

Joe I wouldnt joke about these things ...............

 

[French jurist]

Say it ain't so Joe ♫

 

[camberiu]

When you enter Argentina you will be required to bring in $200 dollars in cash for each day of your stay. Your passport will be stamped accordingly. In return for the cash, you will receive a debit card funded at the PER (Patriotic Exchange Rate). As a convenience to Euro travelers you can bring 200 Euros in lieu of the $200. These debit cards will have your choice of images: Kiciloff, Moreno, Lorenzino or another cabinet member. For an additional modest $50 (US$) you can receive Nestor's or Cristina's image. And for $100 you can have the image of Che or Eva on your beautiful new debit card with a faux Argentinean leather frame to take back home to remind you of your wonderful time in the land of tango and enlightened economic policies!

 

[Bajo_cero2]

Ok, let s say you can change the policy about dollars: what would you do?