What about decompression/implosion measures?
Obozo probably wants to do this...
“The president decreed in October that anyone buying foreign currency must first get authorization from Argentina’s tax agency. The agency examines what the buyer has paid in wealth and income taxes, then subtracts documented living expenses from declared wealth to determine how many legally obtained pesos an individual might have available to sell.”
They could make it the peeso.
And what do Americans trade their dollars into to shelter their earnings?
I believe the currency controls are so strict that anyone exiting Argentina has to actually show their wallet’s contents in case another country’s currency is being “smuggled” out of the country.
Cute women in Buenos Aires, though.
Poor Argentinians. The sixth (?) largest economy in the world 100 years ago, and since the Peron socialists a basket case.
Nothing is true until it has been officially denied.
Government officials say this only when explosive measures are imminent. Get out of ARS assets now!