The argentine peso went from 1 dollar for 19 pesos to 1 dollar for 37 in one year

>the argentine peso went from 1 dollar for 19 pesos to 1 dollar for 37 in one year
How? Really, how?

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Cool.
One more year like that and I could exchange 1 rouble for one argentine peso
And Argentine didn't even invade any of its neighbors to get it happen. Amazing

cannabis prohibition

read: au

is this good or bad

neither

White people's things, you won't understand.

Bad now, but good after (theoretically)

Capitalism

Look how russian rouble fell in 2014-2015 (USD/RUB).

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Good for Americans, bad for Argentinians.

Good for exports but bad for inflation which they can hardly control

What does Argentina produce?
Is there some stuff I can buy for cheap from over there now?

wines, red meat, football players and a lot of soy beans

it was 1 to 15 in 2016

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Italian wine is cheaper and better

is there a big malnutrition problem in russia right now?

>Italian wine is cheaper
really?

>how

looks like argentina is the target of kike banking cartel economic war.

follow the money trail, find your evidence

It was even better before that, 1 to 3 in 2003, according to google

Yes
Also Chilean wines are cheaper as well, at least here

yes, but 2003 was long long ago.

damn, what a fucking shithole we are.

damn, what a fucking shithole we are.

please dont remind me amigo

and it was 1 to 1 before 2001

of course... what else could it be?

yeah
then again, I’m using Costco as a reference.

Not a big one i think, though most people do spend all their income on food and other basic stuff. Also since majority of people can't afford good imported food anymore they have to consume locally produced garbage.

NY stock exchange needs to be nuked.

these kikes want war? show em how a real war looks like.

Fuck, remember when our peso escalated to 1:16 back in 2017, then up to 1:20 in 2018. Back in 2012 it was 1:13. And the government celebrates when it goes up a fucking cent against the dollar.

you are probably right. here taxes are ridicusly high. and our infraestructure is shit, so everything that is not produced next to the coast is much more expensive. our wine is produced deep inside the country, next to chile.

Fantastic, it keeps the exports competitive!
t. politician

That 1:1 bullshit is what eventually started the 2001 dumpster fire; read about the Washington Consensus. I can't believe there are people who are menemistas still.

but doesnt russia have tons of oil and uranium and platinum?

no it wasn't retard, it was public spending what caused the crisis

I found a peso in my register today. How do I exchange it for real money

The oligarchs and their friends in the kremlin do, russians don't.

soy

why not both?
anyways all i recall from that time is that eventually both Argentina and Brazil had to readjust the coin value and every news media chimped out. i don't remember the cause of those readjustments

Can I buy sex from thier women easily?

actually you dont need to to pay but they are not worthy

Neoliberalism

well it totally wiped out the commercial and tourism deficit, so it has it's good things