Thread: Argentine Economy
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Results 76 to 90 of 1942
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12-18-15 02:51 #1867
Posts: 45Peso value
Declarations of Peso value STILL don't mean anything unless there is a sufficient supply of dollars to feed the needs of individuals and business in Argentina. The jury is completely out on this. If there isn't enough, oh my, the blue will go to unparalleled levels. It will not take long to shake out one way or the other.
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12-17-15 19:45 #1866
Posts: 2808Just in
Originally Posted by DaddyRulz [View Original Post]
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12-17-15 18:35 #1865
Posts: 2808That's the question
Originally Posted by BigBossMan [View Original Post]
If it works, actually works, I would say probably. It remains Argentina, until somebody has proven that you're not getting raped on the backside (fees, funky exchange when clearing through the banks) I would maintain hope with healthy skepticism.
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12-17-15 14:46 #1864
Posts: 707Have the Money Changers disappeared from LaValle and Florida
I am looking at exchange rates today just out of curiosity and it seems like it is reasonable to bring and use the ATM card again. Dolarblue.net site is down. I looked at a hotel site which I used before and they still have not converted. They are still quoting about 10 to 1. There appears to be some confusion. Look for deals now.
Last edited by Big Boss Man; 12-17-15 at 15:30. Reason: Spelling
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12-03-15 17:25 #1863
Posts: 2556
Venues: 398Originally Posted by Tres3 [View Original Post]
It's not a Value Added Tax as it's not added on to the cost of a product at each step in the importing / manufacturing / distribution process.
The 21% IVA is added to and included in the final retail sales price, but it is not itemized on the sales receipt like sales taxes in the USA.
Nevertheless, the next time you are motivated to complain about the price of a retail product or service, first recognize that the retailer is only receiving 79% of the price you paid.
Thanks,
Jax.
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11-28-15 11:21 #1862
Posts: 3040What a Coincidence
So the Nazis had a coincidental fire at the Reichstag but it was for a good reason .
Blame the Red Pigs and gain support.
The new fire in The Ministry of Finance here in BA was obviously intended to cover up KFC's corruption.
http://www.zerohedge.com/news/2015-1...-regimes-files
Unbelievable.
TL.
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11-28-15 02:51 #1861
Posts: 577CFK Does Not Want Imports
Originally Posted by Gandolf50 [View Original Post]
Tres3.
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11-27-15 22:01 #1860
Posts: 911Originally Posted by Tres3 [View Original Post]
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11-27-15 21:59 #1859
Posts: 911Originally Posted by Jackson [View Original Post]
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11-26-15 21:23 #1858
Posts: 577What is Included in the Tax?
Originally Posted by Jackson [View Original Post]
Tres3.
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11-26-15 21:14 #1857
Posts: 577American Airlines stops taking payment in Argentine currency
It looks as if AA got a bellyful of Argentine government game playing. CFK had a number of retaliatory actions. It will be interesting to see if she uses her last days in power to try and impose them. If Aerolineas were worth a shit and flew on time, AA would not sell so many tickets in Pesos, and maybe would keep accepting Pesos. First Venezuela, and now Argentina. I wonder which airline will be next, and I also wonder what Macri will do when he takes over.
http://finance.yahoo.com/news/americ...192148757.html
Tres3.
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11-26-15 15:54 #1856
Posts: 2556
Venues: 398Originally Posted by Gandolf50 [View Original Post]
Thanks,
Jax.
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11-26-15 14:52 #1855
Posts: 30Originally Posted by Gandolf50 [View Original Post]
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11-26-15 06:45 #1854
Posts: 911Prices Increasing
In the past week, asphalt roofing shingles here in Buenos Aires have jumped 100 pesos a bundle. Currently selling at $750 pesos a bundle, up from $650 the week before. Prices in the states ( Using Home Depot pricing as a reference ) continue at $21.70 or there abouts. Using the current Blue price of around 15 to 1 they should cost around $320 pesos. What a privelage to live here and pay double for everything and at the same time you get to earn less!!!! :-).
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11-25-15 07:16 #1853
Posts: 125Come on smart people pony up
Seems like we have a lot of smart economist on this site. Help me with a question. If our economy is growing at 2.5% why would we consider raising interest rates. Inflation doesn't seem a factor here. We need a little inflation. If we raise interest rates wouldn't this slow everything down? If our GDP drops below 2.5 This could be a problem.