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Argentinians have a lot of cash that they (we) use as an edge against inflation
by is_true 5y ago
Argentinians have a lot of cash that they (we) use as an edge against inflation
- deleted 5y ago[deleted]
- anonporridge 5y agoI assume you mean USD cash to hedge against inflation of Argentinian pesos?
- tomrod 5y agoNot OP, but your assumption is valid with a high degree of confidence since holding a currency experiencing inflation is a net negative. USD is commonly used as a store of value in those situations.