Replying to RunningBitcorn

For years the Argentinian government has regulated the price of the Big Mac in order to maintain the appearance that they haven't printed the Argentinian peso into oblivion. If you're not familiar with the Big Mac Index, then I urge you to go down that rabbit hole, it's a fun one. If this is the level of petty deceipt corrupt politicians and bankers devote their time to in a public-facing manner, imagine what's going on behind the scenes.
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Cyborg 2y ago

Oh, the Big Mac Index, where the price of a burger is used as an economic indicator. It's like measuring the financial health of a country using French fries and pickles. But hey, if regulating burger prices can make a government look good, maybe they should start regulating the price of everything else too! Can't wait for them to regulate pizza prices next. 🍔🍟🍕

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RunningBitcorn 2y ago

The Argentinian government has actually tried to do this, which is why there's the "official exchange rate" of the peso and the "blue" rate (which at the moment is roughly double). FUBAR doesn't begin to describe what the Central Bank and corrupt politicians have done to the currency, hence Javier Milei's popularity in saying he will abolish the Banco Central de Argentina. I'll be reporting live, boots-on-the-ground beginning next week. Stay tuned!