What is Argentina’s endgoal here?

This graph makes me want to buy American dollars or Swiss francs.

T-they aren't g-going to chimp out are they?

Based investment

What is the current blackmarket rate ?

>tfw was 27 for me but the ATM jew made it 23

I might not know what that is, but if you mean the true cost of a dollar it would be 34 ARS,

officially it's 32 ARS

it's like you never seen your currency falling before. buying some gold derivatives or dollar/euro bonds might be better tho

You wouldn’t want to 2002-2011.

Yeah like what the people selling at the food stalls list

>tfw the blackmarket rate in 2013 was 8 and the official was 5

Or just buy stocks

They account for nominal changes already. If your economy shits itself, well there’s no saving you but it is better than holding a 0% interest currency

How did your family deal with 1998 and 2014-2015?

well, at least my country learned the lesson not to set non-market exchange rates... our central bank rate is pretty solid, unless a strong move happen at the end of the day like it was mid-august

Yeah but it is strangling the economy and lending. Real rates are 5% in Russia

They are negative in the USA/Europe

well my family didn't have a large bank deposit or a credit in a foreign currency so we weren't affected much. the prices changed widely in 1998, not so much in 2014, desu i was on a bout of neetdom in 2014 and i didn't know about crimea and the dollar shit till the end of the year since i didn't watch news and mostly visited /lit/ and /vg/ on Jow Forums, read books etc

>just be a neet bro like what if you get 2000% inflation just play vidya

Too poor to care?

youtube.com/watch?v=04F4xlWSFh0

At least we aren't ruled by leftist cucks and we finally have some smart people in charge around here. The road to being first world is rough but right-wing is the only road and we're walking on it.

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>neoliberalism
>Argentina
>opening their markets
>Argentina

you must be retarded

well we just never had large bank deposits in roubles

at least I have a 3d gf

Could one of you Argies ship me some Recoleta brand alfajores?
I could pay in Bitcoin or Ethereum.

kys

awww, kisses to you, as well! pesos y besos

Recoleta? Never heard of it

>I could pay in Bitcoin or Ethereum
that shit dropped harder than peso

Can I have a quick rundown? Is it the classical case of a government borrowing foreign currency and printing their own to service the debt?

In either case, borrowing foreign money to appease voters should be punishable by prison at least.

1 - Retards (Kirchners) win elections 3 times (12 years)
2 - Fuck up economy, increases fiscal deficit and gtfo
3 - Macri wins and makes economy more free before solving macroeconomic problems
4 - Balance of payments gets worse and peso
5 - One day peso goes full retard, people starts losing confidence in economy so they buy more dollars, peso suffers more and here we are

why do quote that retarded kike lol

ok, this is epic

>every political thread
Based argie falseflagger

>tfw they get in the news just in time for my international economics class to start
Easy as fuck end-year project, here I come.

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Is that an endgoal?

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I have a 2d earthfu

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>class
t.

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