CarlosTevez'sEnglishTutor
Well-Known Member
- Joined
- 19 May 2023
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- 1,159
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Election going on at the moment and one candidate proposing to adopt the USD, another to peg the Peso to it.
For reference I went to Argentina in March 2018, and it was 1 GBP : 28 Argentine Peso. It is currently 1 GBP : 424 Argentine Peso. That is absurd.
Ignore that official rate bud, it's the blue dollar rate that matters as it's the one everyone uses.
When I first went in March 22 it was $1 to 190 ARS. 18 months later, it is $1 to 1,000 ARS.
Imagine the cost of living going up by 5 but your wages not increasing. Feel badly for the working class people over there. The election has gone to a run off between the guy you mentioned above, who wants to dollarise the full economy for stability. The other guy and favourite, is the same party that has overseen 70 years of economic failure in the country.
The working class are lied to over there by snake oil salesmen. They are liars and thieves and on the narco payroll. The poor bastards who work on the farms and in the factories don't understand anything as they've never had an education, they believe politicians who say they are fighting for the working class. The carrot on the stick this time has been the promise of a $100 payment to anybody who votes for said politician.