Sunday--Metered taxi from the departure area: 84.5+
After talking to Taxi EZE and the little stands just out side the doors, I pushed my cart down to where the departing passengers are dropped off. I offered a guy in a nice looking new radio taxi 70 peasos flat to near Callao and Alvear. He turned me down and said that he had to use the meter or there was no insurance coverage. This boy says OK, because I paid 70 pesos with tip in early June to near Village Recoleta to the airport. The meter rate have jumped 20% again. 84.5+ 4[tolls] + tip for carrying heavy bags= 90 pesos.
I have read about hyper-inflation, but now we get to watch it actually develop. Would Prof. Dick Head please comment on the structure that can lead to 100% per year inflation.
Before Argentinia used the peso, they used the austral. When they changed currency, the rate was over 1000 australs=1 peso. I can't remeber the exchange rate. The banking museum has a display re the history of argentine currency and all the simular change overs There have been more than.
A few situation like 10,000 to 1 change overs. I was shocked and surprised looking at this exhibit and thought how could a nation let this happen multiple times? Well we are watching the beginning of the problem?
Question: was there a 20% increase between June 6 and August 10?
A new well kept samll sport untility from Premium Taxi would unlikely have a fixed meter? I would like to find out? This driver took me the direct root: auto pista to entre rios exit and straight to Callao to Jackson's nice large comfortable 1 bedroom on Callao. Rock, it could only be the meter, unless you live on the other side of Corrientes where there might be a 13 peso difference?
Thr driver was a pleasant who insisted on moving all of my bags and said thank you for the 1.5 peso tip. I was thinking of calling him for my return to the airport.
Bob