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Argentina’s black-market USD rate climbs 24% in two weeks

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Re: Argentina’s black-market USD rate climbs 24% in two weeks

#191

Post by chitowneats »

acchow wrote: post #184
chitowneats wrote: post #70

Earlier quoted context omitted.

This site is full of harsh criticisms of the USA. Not just of the government but of the citizens themselves. You're correct about what the policy says, but enforcement doesn't seem to back it up in many cases. Personally I don't see an issue with critiquing the dominant culture in any nation. GP made plenty of caveats about "not everyone" and the like. I find such caveats to be nauseating, but they tend to be quite e…

> This site is full of harsh criticisms of the USA. Not just of the government but of the citizens themselves. I think because YC is based in the US and most of the users here are based in the US then harsh criticism of the US (and its people) is acceptable.

Even for those who are not from the U.S.? Europeans in particular frequently vent their frustrations about the U.S., both realistic and unrealistic, in this space.

Would you feel better or worse if I elucidated my criticisms of Argentina en Español on an Argentinian website?

My intuition is that would be seen as aggressive or chauvanistic.

Re: Argentina’s black-market USD rate climbs 24% in two weeks

#192

Post by notch656a »

kragen wrote: post #190
notch656a wrote: post #181

Earlier quoted context omitted.

>The physical volume of gold has very little to do with how expensive it is to keep safe. I'm having my doubts about that. If I can fit all my life's savings in my pocket, I would very much prefer to do that with savings in one pocket and gat in the other (yes I know gold doesn't fit that for everyone, but lets imagine the physical volume is smaller since you said it doesn't matter). Fight to the death against violen…

You may be interested in the 02006 Ramallo bank robbery, in which an acquaintance of mine lost her life savings: https://www.gq.com/story/the-great-buenos-aires-bank-heist Houses are worth a lot, but they are not worth a lot per kilogram. Consider a house consisting of four 4m×4m rooms and a floor, with 200-mm-thick floor and 3-m-tall walls made of 2.4g/cc concrete, plus a cheap sheet-metal roof. This house might cos…

>You may be interested in the 02006 Ramallo bank robbery, in which an acquaintance of mine lost her life savings: https://www.gq.com/story/the-great-buenos-aires-bank-heist

Great read, thank you.

Re: Argentina’s black-market USD rate climbs 24% in two weeks

#193

Post by mmustapic »

kragen wrote: post #187
mmustapic wrote: post #177

Earlier quoted context omitted.

How can you say that the agricultural sector in Argentina speculating on the dollar is incoherent? For starters, if the dollar goes up, the inflation doesn't necessarily follow. Otherwise that means that the salaries (among other things) follow the dollar, and that's not true at all. Second, this whole week there were talks about a special exchange rate for the sector to tempt them to export more, because the governm…

We're talking about exporters' reluctance to engage in transactions where they reduce a long position in the dollar in order to take a long position in the peso. The peso is an unstable speculative asset with extremely poor prospects of producing a return even in the short term. The dollar is, by contrast, a relatively stable currency, though much less so this year than for the previous 35 years, and though it, too,…

"Refusing to foolishly invest in an unstable commodity" is the only thing they can do: they either export or not. The question is, when will they do it? Waiting for the best moment is speculation.

And about salaries, that was my point, they are 24% lower than in 2006. Considering the dollar's 47% inflation since that year, those USD 260 would be ~USD 380 now, so 68% lower.

Re: Argentina’s black-market USD rate climbs 24% in two weeks

#194

Post by NikolaNovak »

tptacek wrote: post #43
likortera wrote: post #22

Earlier quoted context omitted.

I lived for 20 years there. In my opinion the root of all problems there is that it is embedded in the culture to be as egoist as possible and to steal as much as you can from everyone else in the most ruthless and shameless possible way. People usually complain about the government being corrupt and stealing to the people. But most people are the same, at their own level. They will try to steal as much as they can a…

If you want to make whatever point you're trying to make here, you have to write it a lot more carefully than this. Imputing negative traits to entire nations or cultures is explicitly not OK on HN: https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...

Normally I'd agree, but isn't "culture" basically by definition a common subset? Race and ethnicity are born into and I cannot do anything about it. Culture though is explicitly a descriptor of common traits one can generalize about.

Either way. I hail from a particular (different) country and I will make fairly confidently proclamations about cultural every-day ingrained corruption there. I have explicitly, consciously and purposely changed my culture as I vehemently disagreed with common negative traits of my previous and original culture.

Re: Argentina’s black-market USD rate climbs 24% in two weeks

#195

Post by plantain »

fomine3 wrote: post #165
plantain wrote: post #52

Earlier quoted context omitted.

My SaaS product has problems with users sharing accounts - more than half the problematic users are Argentinians :( Inevitably I will simply have to withdraw from the market there...

Do you offer different price by country, like Netflix? If so, possibly worldwide abusers just impersonate as Argentinian and share the account.

No, same price everywhere...

Re: Argentina’s black-market USD rate climbs 24% in two weeks

#196

Post by ggambetta »

skeptikal wrote: post #103
likortera wrote: post #22

Earlier quoted context omitted.

I lived for 20 years there. In my opinion the root of all problems there is that it is embedded in the culture to be as egoist as possible and to steal as much as you can from everyone else in the most ruthless and shameless possible way. People usually complain about the government being corrupt and stealing to the people. But most people are the same, at their own level. They will try to steal as much as they can a…

There’s the joke that the real national sport of Argentina is “joder al próximo”.

"Prójimo"?
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