Thread: Exchanging Currency
+
Submit Report
Results 661 to 675 of 2043
-
02-24-14 15:40 #1383
Posts: 1885DR, once again, hits the nail on the head. I am in violent agreement.
Originally Posted by DaddyRulz [View Original Post]
The peso is sliding against the dollar,
if you pay her 50 bucks as opposed to 600 pesos, then a week later 50 bucks is 700 pesos, she will still want the 50 bucks.
If you try and explain, with full color, multi media graphics...
why the 50 bucks is now 700 pesos and you only owe her 45 dollars, she will say "Buenos, dame 700 pesos."
Even discussing it brings up a number of issues you don't want to discuss with them.
Let's say you go out for dinner and have a great steak, wine, maybe some kalabasa on the side. You're enjoying the post-meal buzz, as your food starts to digest. Are you really going to enjoy the meal (that you already ate) that much more if you can squeeze another 5%, or so, out of the price? Will that minute savings also compensate for the headache that you'll get trying to get the discount? My advice, enjoy the post-meal buzz and don't cloud your mind pinching pennies.
If they start thinking about how much stuff 50 dollars will buy
You might not realize it but, when you've got her ankles up around your ears, she is deep in thought about sophisticated micro and macro economic principles (or she might be fantasizing about the last time I called on her). In economics, this is known as the "basket of commodities" that can be purchased with a unit of currency. Keynesian douche-bags (*like those in control of Argentina's (and the USA's, for that matter) economy) are allergic to commodity baskets because they show the true underlying evil of all of their policies: they are making your money worth less, each day, so, in the future, the exact same amount of currency will buy less of the same commodities.
Chicas are doing similar calculus. Let's say you pay a chica $50 for rocking your world. She knows what $50 buys at that particular moment. The next time, she will want to price her pussy at the amount of currency needed to purchase that same bucket of commodities, regardless of what has happened to that underlying currency. I believe that is called inflation-indexed-poonanie. Next to golden-pussy, it is one of the best hedges against inflation...provided that there are sufficient gringos in the local market to pay those prices.
and if they get any kind of inkling as too how little 50 bucks represents to you or I when looking at the relative purchasing power between the two economies, the price goes up, way the fuck up.
It's difficult for people who don't live here to understand the extent to which the AMOUNT you're able to pay influences the price that they will charge you.
There are so many subsidies on soooooo many different things that the idea of valuation here is really fucked up. At the parilla up the street from the house I can buy a grilled chicken breast, green salad and bottle of water for about 60 P. Then I will go to Exedra after dinner and pay 27 pesos for a cup of coffee. That would be like going to a resto in the states and paying 25 bucks for a meal, then going to Starbucks and paying nearly 12 dollars for a coffee.
Argentines as a whole don't think of transactions in terms of market price and value of the good or service being sold, they PRIMARILY think in terms of your ability to pay.
If you ever meet Jax ask him about the time he wanted to buy a mirror for his apartment some day. That story illustrates this principle about as good as any.
Or I could just tell you, "trust me, I live here, I've most likely forgotten the names of more hookers here than you will ever bang and paying, or even discussing, dollars with girls is a bad idea." Then you could say to yourself, "cool, he knows what he's talking about, I think I'll believe him." And at the end of the week, bang one more hooker with the money you saved.".
-
-
02-24-14 15:10 #1382
Posts: 1885Originally Posted by Tres3 [View Original Post]
My advice is to do it the old fashioned way. Grab the touristas golden map and a pen and have at it. I still have my very first Golden Map, right here in my office with all my (encoded) notations on it...
-
02-24-14 13:24 #1381
Posts: 746Scalabrini Ortiz & Cerviño Today (Mon. Feb. 24) around 12 noon 11.3 per US Dollar
Scalabrini Ortiz & Cerviño Today (Mon. Feb. 24) around 12 noon 11.3 per US Dollar.
-
02-17-14 16:37 #1380
Posts: 196Originally Posted by DaddyRulz [View Original Post]
Took a friend of mine to Hippo last Saturday. He got interested in taking out a dancer, so we called her over to dicuss details. (Note: A drink for a dancer at Hippo today is 600 P!
My friend asks her the fees and the bi*ch says "US $ 500". We say NOOOO! And then she says "Okay 400, not any less.".
My good friend took my advice and chased away this chica whose tiny brain could think only of US $ when she was talking with foreigners. We moved on to Newport, then to Hook. He ended up taking back to his hotel a Paraguaya who had the minimal common sense of talking in Pesos of a fee far less than half of what he was first quoted at Hippo.
She looked just as good as the Hippo dancer and I'm sure her performance was better than what the dancer would have provided.
-
02-17-14 15:20 #1379
Posts: 2808It's kind of complicated and simple at the same time like most things here
Originally Posted by MisterTea [View Original Post]
Or I could just tell you, "trust me, I live here, I've most likely forgotten the names of more hookers here than you will ever bang and paying, or even discussing, dollars with girls is a bad idea." Then you could say to yourself, "cool, he knows what he's talking about, I think I'll believe him." And at the end of the week, bang one more hooker with the money you saved.".
-
The Following 4 Users Say Thank You to Daddy Rulz For This Post:
-
02-17-14 14:36 #1378
Posts: 13Originally Posted by Tres3 [View Original Post]
-
02-17-14 00:28 #1377
Posts: 577Maps of BA
For a good source of maps and finding your way around, I suggest buying a cheap GPS from eBay with an Argentina map as an option. BA changes very little, so the map is almost always current. You can look up an address, carry it with you, and the charger is dual voltage. If you have a cell phone, you can probably use the same charger and will need to buy only one outlet adapter. It takes about 10 days for the mail to deliver from China to the USA. It should cost less than $50.
Tres3.
-
02-16-14 16:53 #1376
Posts: 577Credit and ATM Cards
I originally posted this on another thread in response to a monger's post, but probably should have posted it on this thread.
If I absolutely have to use plastic, I try to get cash from an ATM and the pay for my consumption with cash. Hotels and restaurants usually give a less favorable exchange rate than banks or licensed money changers. The bank will probably cover a fraud loss if you use plastic, but there is still the hassle of notifying people on auto pay or merchants who have recorded the card number that you have a new account number and expiration date. Most credit cards have a "foreign transaction" fee in addition to an exchange rate fee, while most ATM cards only charge an exchange rate fee. There are a few ATM cards, such as Schwab, that have no ATM fees and no exchange rate fees. If the country you are visiting has a safe black market, use the ATM to exchange only enough to get you to a safe USD cash money changer. If it is difficult or impossible to change the local currency back to USD, change only a small amount at a time. Take enough USD cash for your trip consumption. If you did not bring enough USD cash to cover your trip, and the country has exchange controls (ex: Argentina) use a transfer service such as ZOOM to get the extra money you need. You will take a haircut over the black market rate, but will receive better than the "official" rate. Use the hotel or apartment safe and a money belt. Only carry enough local currency cash, especially if you are going to drink, that you can afford to lose, and try to pay all taxis, especially at night, the exact change, with small bills. Do not let the small head do the thinking normally done by the large head.
Never, ever pay a chica with USD.
Tres3.
-
The Following User Says Thank You to Tres3 For This Post:
-
02-16-14 15:02 #1375
Posts: 2556
Venues: 398Originally Posted by Thomaso276 [View Original Post]
Anyway, here's the punch line...
as long as the fiscal deficit continues to grow and no financing from abroad is available, monetary expansion will continue to put pressure on the exchange rate and prices.
Populist rhetoric notwithstanding, it appears that the government will sacrifice growth to avoid a further drain of dollars from the Central Bank, and a coherent, sustainable, long-term development programme is nowhere in sight.
Of course, the century is young, and before it's over I'm sure the world's LIVs will elect more "community organizers" to public offices to which they are woefully unqualified to occupy.
Thanks,
Jax.
-
The Following User Says Thank You to Jackson For This Post:
-
02-15-14 20:07 #1374
Posts: 995This sums it up
Herald article: Easy read that simplifies what is going on.
http://www.buenosairesherald.com/art...id-stagflation
-
The Following User Says Thank You to Thomaso276 For This Post:
-
02-13-14 17:18 #1373
Posts: 4Rate at 11:00 am
Failed to find 'Western Union' at Florida & Lavalle so I approached & got 11.60 for 300 USD from Barbara Cambio. Female hawker in the 100 or 200 block of Florida. Did not try to bargain.
Don't know if bargaining might have helped with such a small amount.
-
02-12-14 19:28 #1372
Posts: 41611.90 at "Western Union" at Lavalle and Florida earlier, but it's definitely gone up again since then. Have heard of at least two people getting 12.00.
-
02-10-14 12:34 #1371
Posts: 746Scalabrini Ortiz & Cerviño Today (Mon. Feb. 10) around 10:30am 11.8 per US Dollar
Scalabrini Ortiz & Cerviño Today (Mon. Feb. 10) around 10:30 am 11.8 per US Dollar.
-
02-10-14 12:21 #1370
Posts: 577Duty Free at Airport
Originally Posted by BlueFalcon [View Original Post]
The peso is so worthless outside of Argentina that even the Chilean and Brazilian fuel stations near the borders will not accept pesos for fuel from Argentine truck drivers.
Tres3.
-
02-10-14 06:33 #1369
Posts: 911Originally Posted by JeffBixby [View Original Post]