Is this real? Are Argentines that bad off?
https://foreignpolicy.com/2024/03/05/argentina-milei-economy-peso-devaluation-austerity-hunger/
People are starving? More people are living in destitution? 😥
We had a fantastic evening at the rooftop barbecue. Betty and Marcelo were incredibly welcoming hosts, and the other guests were engaging, creating a wonderful atmosphere. The food and wine were delicious, and our hosts took the time to explain each dish, sharing stories about Argentina and...
Credit card companies typically provide the MEP rate for transactions made within Argentina. However, if you make a purchase from a website not based in Argentina, the conversion rate applied will be the official exchange rate.
The majority of hotels establish their prices in US Dollars and then convert them to Argentine Pesos. Therefore, irrespective of the fluctuating exchange rate, the prices in Dollars should stay constant.
The ones who benefited from the official versus blue exchange rate were the tourists when...