Now Milei blames Massa for the Spike in Blue Dollar - Could it go to 4,000 pesos to $1 US Dollar?

[Avocado]

Funny that Milei is still blaming Massa for everything. Now he is blaming him for the sudden spike in exchange rate. I am not financial guru but scary to hear that the peso can go 4,000 pesos to $1 US dollar. 😱😱😱

En la Rosada le apuntan a Massa por la venta de "puts" y dicen que el dólar se iría a $ 4.000 si se ejecutan todos esos bonos

Lo acusan de querer desestabilizar al Gobierno, a través de operaciones del Banco Macro. La respuesta del ex ministro de Economía.

www.clarin.com

 

[Digital Nomad]

Funny that Milei is still blaming Massa for everything. Now he is blaming him for the sudden spike in exchange rate. I am not financial guru but scary to hear that the peso can go 4,000 pesos to $1 US dollar. 😱😱😱

En la Rosada le apuntan a Massa por la venta de "puts" y dicen que el dólar se iría a $ 4.000 si se ejecutan todos esos bonos

Lo acusan de querer desestabilizar al Gobierno, a través de operaciones del Banco Macro. La respuesta del ex ministro de Economía.

www.clarin.com

Not sure how those puts work but scary that it's legal and would cause the value of the peso to plummet so much. Many locals I talk to won't stockpile pesos at any price. Seems like everyone only wants to save dollars here. I guess for good reason.

 

[enbits]

Well you used to blame Macri for everything so you an Milei are even? XD

 

[Betsy Ross]

Well you used to blame Macri for everything so you an Milei are even? XD

Every good or bad thing is all politicized now. I doubt Massa is behind this. Bankers will always find a way to profit. No loyalty to country. If there is a way to legally make money it seems like bankers are going to take it.