Thanks, Steve. One interesting point that kept coming up was the use of the US dollar as a safe-haven. So, people in Argentina try to exchange their pesos for dollars, or figure out how to get paid in dollars. This begs the question: what happens to them if the dollar starts to lpse its value.? Of course, this is already happening!
Hi Jim. Thanks for taking time to introduce the Marty's to us. It seems that Argentine history is complicated, but scary! Lots of citizens there wanting big government oversight and handouts (entitlements) to the masses so they don't have to work. It's clear to me that America is heading down this dangerous road too! Just look at how the present administration and left-leaning Congress are constantly making excuses for people who can't/won't support themselves while giving away taxpayer money (entitlements) to buy their votes! As always, thanks for your insight and hard work in preparing these videos.
Thanks, Steve. One interesting point that kept coming up was the use of the US dollar as a safe-haven. So, people in Argentina try to exchange their pesos for dollars, or figure out how to get paid in dollars. This begs the question: what happens to them if the dollar starts to lpse its value.? Of course, this is already happening!
Hi Jim. Thanks for taking time to introduce the Marty's to us. It seems that Argentine history is complicated, but scary! Lots of citizens there wanting big government oversight and handouts (entitlements) to the masses so they don't have to work. It's clear to me that America is heading down this dangerous road too! Just look at how the present administration and left-leaning Congress are constantly making excuses for people who can't/won't support themselves while giving away taxpayer money (entitlements) to buy their votes! As always, thanks for your insight and hard work in preparing these videos.
Lebanon is an interesting tale too. Like in Argentina, there's both an "official" exchange rate and a black market exchange rate.
Lebanese residents use this website (with the help of a VPN) to see the difference in the rates.
https://lirarate.org/#pills-sayrafa