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@Betsy Ross, I totally agree with you, but I would add that I prefer gold over dollars. And just to get more responses, I will also add that I prefer gold over crypto. :) The peso and Argentina has a long way to go to earn back its credibility. I just believe that the relative restraint of...

In December, just after a couple of months, Argentina repaid the US$ 2.5 billion drawdown from the US$ 20 billion currency swap facility with the United States Treasury. This could mean it will be harder for future attempts to manipulate the peso lower just like right before the election last...

If you seriously believe that Trump would invade Greenland and oust the current government, then you must be the same type of people who mistake his negotiation style as being a TACO. Of course he is NOT going to invade Greenland! The risk vs. reward makes zero sense to do that. That would...

The US Supreme Court disagrees with you. That's all that matters from the US's perspective. Take a look at the case with Manuel Noriega.

1. No country puts UN laws above their their own laws. Therefore, from the perspective of the country taking the action, it is legal as long as that country's law says it is legal. From the US's perspective, it is legal. 2. Russia, China, or any other country (including the US) will not...

Not only will this result in more USD entering the banking system in Argentina, it will also result in more spending, especially on large ticket items. The housing market and all the industries it supports will benefit from this. It will certainly help stimulate the economy. For those who...

Yes, it does seem like you're on the position of the far left looking at the white house.

My view has always been that no one truly knows whether the peso is overvalued or not. My views have not changed since I made the comment in the below threads. https://www.expatsba.com/threads/pimco-urges-milei-to-let-the-peso-float-while-‘times-are-good’.6583/#post-39275 "I have no idea what...

If the Argentina peso is truly overvalued, why is the blue dollar rate lower than CCL, MEP, and Official? Didn't people used to say the Blue rate is the one not manipulated by the government? At the moment of posting the rates are: Blue 1425 CCL 1512 MEP 1475 Official 1463 FYI, Western Union...

For the average person, the things that have the most impact in their ability to succeed in life are: 1. True grit 2. Intelligence 3. Quality of parenting 4. Quality of education 5. Good health The color of one's skin, country of origin, religion, sex / gender, and even family wealth are all...

After actually reading the entire article, Caputo sounds reasonable and realistic. As I have stated in another post, sometimes we need to fight market manipulation with market manipulation. No one can say whether the peso is fundamentally overvalued or not at this point. Getting rid of the...

Sometimes you have to fight fire with fire, you have to fight manipulation with manipulation. The band system is a good and necessary intermediate step. There is not a single currency in the world that isn't manipulated one way or another. I have no idea what the exchange should be, and...

1. It is no secret that Trump wants to protect the dollar's role in global trade. 2. Argentina was on the verge of joining BRICS, which among other things is an alliance that will clearly become a threat to the dollar. 3. It was only because Milei became president of Argentina that Argentina...

I imagine Milei might be making some changes in his administration to make room for new alliances that are necessary for the next phase of his ambitious plans.

It's quite impressive that Milei's party won by a landslide *despite* the fraud! I am now more comfortable holding long term investments related to Argentina.

Perhaps the recent drop in the peso and then the reversal after the US pledging support is a reminder to the Argentinians who wavered in their support of Milei what is at stake here. They better choose wisely for what is best for them (which is not necessarily best for the expats here) in the...

Looks like it's a 1% tax and it only applies if you are paying with cash, money orders, or cashier's checks. There's no tax if you are paying with cards or bank accounts.

"The media campaign claiming that public television will not broadcast the 2026 World Cup is an attempt to discredit the Government's administration. In fact, I am personally carrying out the arrangements so that Argentinians can watch the World Cup in the most efficient way." -Presidential...

The answers for each of these questions is NOT "no one", therefore someone will always be complaining. Who is against a balanced budget? Who likes very high inflation? Who likes the government to lose money through fraud? Who is against accountability of how public funds are spent? Who...

“I have instructed the Ministry of Security and the City Police that if they find any person or group of people rummaging through the containers and dirtying our city, they should demand immediate cleaning and ordering of everything. ***IF THEY REFUSE***, they should be sanctioned according to...