Argentinian peso drops to all-time low against USD at 595:1 in the Buenos Aires region.
...3 weeks ago it was hovering around 500:1 USD.
This is why we Bitcoin. This is why we're separating money from government.
Ripple rekt.
Argentinian peso is inflating into oblivion. Any sense of monetary stabilization is coming from the defacto dollarization of the country. We need to copy/paste El Salvador's fiscal policy. Ecuador took 2 years to emerge from the short-term turmoil of currency change more than 20 years ago. The Argentinian economy would stabilize at lightning pace in comparison. The band-aid needs to be ripped off.
Central Bank of Argentina announces that it will not be dipping into gold reserves to pay off the financial terrorists at the IMF.
Travelers know that travel is like jazz; the art of improvisation comes with practice.