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Think about this: You are a professional working overseas. A company pay to you in dollars, 1000/5000/whatever.you gets an exchange at Ar$ 137 per dollar today
by ankaAr 4y ago
Think about this:
You are a professional working overseas. A company pay to you in dollars, 1000/5000/whatever.you gets an exchange at Ar$ 137 per dollar today , you moves to the next box in the bank to exchange that to dollars again. The cashier tells to you that you can only buy usd 200 with pesos, at ar$ 137 per dollar, with 65% tax over that, so near ar$ 226 per dollar. You wants more, ok, you are not allowed to buy those 200 dollars at official price, you goes to the free market, legal, to change your pesos for dollars at 336 each one.
You ends asking please to pay you in an foreign bank to not loose the dollars.
And why we want to save in dollars, because the inflation, that maybe this year is 80% with luck.
And I'm lucky, because if I'm exporting soy beans they are paying me 33% less in the first step.
And I'm not starting to talk about taxes.
Forget, we are the bug in the system.
Edit: and you are ok, because you works on IT, but around you, your friends.., they will never buy a house, they are surviving. it is sad as hell.