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75 sats \ 3 replies \ @stack_harder OP 23 Oct \ parent \ on: Should Argentina just dollarise? econ
i can think of nothing worse than having any kind of long term contract denominated in pesos
Tide unpredictable? The currents are shifting, and every port uncertain. Long-term contracts in that sea feel like tying to navigate a storm thru a ship!
On Marriage (BITCOIN) Counseling for Sailors
Tides: We’re polyamorous. Deal with it.
Currents: I change my mind every 6 hours. What’s your point?
Ports: We’re ‘temporarily closed’ (forever)."
Long-term contracts?
Congrats, you just proposed to a hurricane.
For better or worse, it is non-negotiable.
Till death do us part is optimistic.
Pro tip: Rent the ship. Lease the compass. Swipe left on the storm. ⚓💔
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I'm assuming government contracts are denominated in pesos. Probably with some sort of automatic inflation indexing.
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i suppose they would have to have some kind of protection. it reminds me a bit of my friend who was renting a flat many years ago in Moscow - when the ruble to dollar was bad, his rent price was quoted in dollars (and he'd convert that to rubles), when the dollar would weaken, his landlords would flip-flop and then state the price in rubles instead lol
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