Swowbird
Well-known member
I formally lived in Buenos Aires and I rented out an apartment to a friend for many years. The lease is finally coming off the lease and I don't think I will renew it as I want to come back to Buenos Aires. I recently reconnected with an old amiga and want to visit her as well as some others I know (bad habits).
So, since the great mid-October snooze fest, we've been on a rollercoaster of inflation in dollars, especially during the holiday season. Things are getting pricier than a fancy cup of coffee in the US or UK according to @Larry , and we've gone from "oh, how cheap everything is" to "seriously, my wallet is crying."
Now, the million-dollar (or should I say peso?) question: What's the deal with the exchange rate? Will Argentina be throwing it back to its golden days of being wallet-draining in 2016/17, or are we in for a surprise dollar dance soon with the blue dollar rate going back up? The crystal ball is in the repair shop, and the economic magic 8-ball seems a bit confused. Stay tuned for the next episode of "Economic Adventures in Argentina: The Inflation Chronicles."
What are your guesses what will happen?
So, since the great mid-October snooze fest, we've been on a rollercoaster of inflation in dollars, especially during the holiday season. Things are getting pricier than a fancy cup of coffee in the US or UK according to @Larry , and we've gone from "oh, how cheap everything is" to "seriously, my wallet is crying."
Now, the million-dollar (or should I say peso?) question: What's the deal with the exchange rate? Will Argentina be throwing it back to its golden days of being wallet-draining in 2016/17, or are we in for a surprise dollar dance soon with the blue dollar rate going back up? The crystal ball is in the repair shop, and the economic magic 8-ball seems a bit confused. Stay tuned for the next episode of "Economic Adventures in Argentina: The Inflation Chronicles."
What are your guesses what will happen?