That's what I'm spending in Europe for a meal + 1 cup of wine in a nice restaurant.
Yes this is significantly more than I spent when I was in BA but prices look like they keep getting more and more expensive in USD terms. How bad will it get?
But I assume your cost of living has gone up if you're savings or income is in dollars?
I went to this place a few times to eat breakfast. Nice place in Palermo Chico. Wow prices are really moving up. The food portion you will spend that in the USA. Coffee here is still more but the rest of those prices is about the same now.
That is good you stay positive. I think over the long period those with foreign incomes can still live well in Argentina but those with peso salaries are hurting on things like dining out at restaurant. No way that the majority can afford to go to restaurants.
Paying almost $40 dollars for a few eggs, licuado, juice and 2 coffees is crazy. This is what I figured would happen. It got very expensive in the 1:1 days. Argentina was very expensive for many years and this probably is what is going to happen again. Here in Spain food is cheap. Glad we got out when we did. I am coming back for Christmas so it will be a lot of sticker shock in going out to eat in Buenos Aires.
Our main income is in pesos so rises with inflation.
Yes if your income is in pesos then things should get better as long as the peso doesn't collapse once the Cepo ends. Things can change quickly.
I shall remain positive. I trust Millei knows what he's doing. Considering the mess the corrupt K's left I'd say he's doing alright. 👍
The K's were the worst. People don't understand just how corrupt they are. CFK should be in prison! Hopefully she loses her Supreme Court case and ends up in prison. That would be very fitting.
I have to admit prices at a lot of restaurants now in BA are nuts. I don't want to hear people say it is still ok compared to back home. This isn't USA or Europe but the prices now are like back home. Salaries are not comparable.
Even if she loses the appeal, she won't go to prison as she is over 70 yo.
Correct. The odds of CFK seeing the inside of a prison are slim to none. Although that would be a nice thought of her going to prison.
www.infobae.com
Interesting. Against all G7 currencies the dollar is actually up a lot the past few weeks. Shows you how strong the Peso has been, despite almost every prediction to the contrary.Meanwhile, the dollar keeps dropping...
View attachment 8126
Los dólares financieros cayeron por sexta rueda consecutiva y la brecha cambiaria es la más baja desde 2019
El “contado con liquidación” cerró a $1.100,76 y el MEP se pactó a $1.071,57, los valores nominales más bajos desde el 17 de mayo. La brecha perforó el piso de 10% y es la más reducida desde agosto de 2019, previo al “cepo”
Almost every single day there is more and more good news for Argentina. There are literally announcements every day which bodes well for Argentina's future. Even President Trump is going to copy President Milei's model of cutting government and controlling spending.
A shame. It would be beautiful to see her go to jail. Even if it were for a short amount of time.
We will see if this keeps up. The carry trade is supporting the peso but we will see how the peso performs next year but this time could be different because Argentina has never had a Milei.
This is true. I joke with my wife that we are leaving Argentina at a good time because soon it will be more expensive vs. States.
True Vince. Argentina in dollars is expensive. Not quite like home but will be soon. People talk about slowing inflation but prices are still going up and a lot more than 2%! Healthcare premiums keep going up at about 6% per month. My condo bill and utilities are way up too. Forget about eating out much now.
