Tag Archives | inflation
Yet another reminder of why it sucks to be a gadgetphile in Argentina…
This was a “great deal” on a 42″ flat screen in Argentina last week:
This was a “great deal” on a 42″ flat screen in the United States last week:
And to rub salt in the wound, The Atlantic Cities also points out that Buenos Aires is the most expensive city in the world to buy an iPad:
Starting on Monday, December 12, 2011, a new $2 peso coin will begin circulation in Argentina. The current $2 peso notes will still be used as well.
Looks like the government is getting ready for more inflation though there is still no word on when $200 and $500 peso bills will be introduced.
- Las nuevas monedas de 2 pesos circularán desde el lunes [La Nacion]
In Argentina, the Big Mac is an “off menu” item. Rumors have it that the government has asked McDonalds to keep the price of the Big Mac artificially low in order to hide the true inflation here, which is reported in the Economist’s Big Mac Index.