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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
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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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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