Replying to Avatar ck

Seems Milei is removing the “official rate” of the peso and acknowledging the real exchange rate for the peso. When I went to Argentina the street rate was over 2x the “official rate”. The country needs dollars bad and now finally going to pay the market rate for it. Fascinating.

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ferrell 2y ago

is this good or bad? i’m dumb so i don’t quite understand

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ck 2y ago

I think it’s good. But what the fuck do I know. People who take advantage of the fake gov rate are the only losers.

The fuel subsidy change will prolly affect everyone.