You should've enjoyed Miami while it lasted.

There are 45 replies in this Thread which has previously been viewed 8,629 times. The latest Post () was by JAN.

    are u guys trolling?????

    Argentina do not print usd and cannot do so either!

    So the usd that exist in the books, debt, physical is AMERICAN USD! Those dollars need to be acquired one way or another......that is done with exchanging peso, directly or indirectly! If the government put 1 peso is equal at 1 usd, it does not solve the problems! The peso rate will stay the rate that the market trade it at! It can be in first instance it looks like a peso is equal at a dollar , but it's not!!!!! The currency have been manipulated constantly in this country, even the blue! The CCL gives an idea of what a peso is worth!

    As I said earlier, I find it perverted to subsidize well off Argentinian or rich, that can afford holiday in Miami or buying shoes in Italy, (guess who I refer to!). The rest of Argentina is paying for those peoples holidays or shoes!!! U have a fully diverse country, u can ski, go to beach , climb mountains or whatever here! If it's not enough go wherever u want, but don't expect Argentina to pay for it, absurd!!!!

    Quote from UK Man

    Instead of identifying and fixing the main problem they'd rather just punish those who take and spend their money abroad.

    It's easier to do that because they know full well the problem that's causing it is unfixable.

    Its not "their" money......part of it is the money of the country!!!! If they go with "their" money, it's changing pesos to the true value, not a government fixed one!!!!

    The 30% surcharge is not even enough to level it out......

    On the other side they like to keep the official rate low so that they can fuck the exporters!!!!! Perverted!

    and reading the news now in ambito just confirms how manipulated all the currency rates are.....knowing that ur purchases abroad will be 82 or more, how can it be no one buys the dollar at 63 now??????

    So childish this whole system!


    "El dólar opera estable a $63,07"


    • Official Post
    Quote from Rice

    OK, I will restate my question. Before the 30% surcharge, how was foreign travel being subsidized, @JAN ? I’m not getting it

    What @JAN says is that if today I have 63,000 pesos, according to the official rate set by the government I have 1,000 USD (current rate of 1 USD = 63 pesos).

    But if I want to spend them abroad, I'll have 30% less dollars, i.e. 787.50 USD (dolar turista 1 USD = 80 pesos), whereas if I want to spend them in Argentina, they'll still be 1000 USD.


    But the truth is that the government just says you have 1000 worth of dollars, and give you just one fifth (200 US) at the official rate. The rest you'll need to buy it on the blue market (or ask relative and friends to exchange their 200 USD monthly allowance for you).


    It's the same old story as with the resident fares: I go to the museum and I pay half a tourist because I get the residents' rate. The tourist thinks of it as an extortion, the local residents thinks they are being cared for (=subsidized) by the State.

    • Official Post

    I still don't understand the argument here.

    The 30% tax is applied when using a credit card for purchases in any foreign currencies and it just so happens that the USD is the currency most of us buy stuff with and which the card companies deal in - hotels, car hire, Netflix etc etc.

    So, in October I pay for a hotel in Miami for US$1000 and let's say the official rate in Oct was $63 (for the sake of argument) and when that bill reaches my credit card for payment, the amount I pay the card in pesos is $63,000, with no government surcharge.

    In what way am I being subsidised? Because the card company is using the official rate of $63 and not the CCL? Because the dollar is being held artificially low?

    Today I go back to Miami and stay at the same hotel, costing US$1000 but with the 30% surcharge it now costs me US$1300 and using the tourist dollar rate of $82, my credit card final bill will be AR$106,600.

    That's a difference of AR$43600 which, according to @JAN , is the price we should have been paying all along because previously, the government and the tax payer have been subsidising us for having the brazen cheek for wanting to have a holiday in Miami.

    Is that the argument?

    The 30% add on to the government rate just makes the usd more close to the real rate!!!

    Basically making holiday abroad and buying stuff abroad is financed partly by state.

    I'm totally against any any restrictions or whatever, but if there need to be some, I think the holiday usd add on is a fair one.

    The 30% add on is for foreign ATM extractions, payments abroad with cards.

    It all boils down to that Argentina don't have USD!!!

    A side note......an Argentinian friend of mine told me how sick it was during the 1:1 with the usd.......all Argentinian felt they were kings, lived like they were the greatest of the great..... holidaying like Russian oligarchs.......until the whole thing cracked!!!!!!

    Again, just float the damn shit.......

    But no, then u can't screw the campo and your small currency corruption tricks doesn't work anymore....

    yes, if u r an argi and do not possess any real money like usd , euros or sterling!

    I'm sorry I just cannot see why people should be subsidized in making holiday!

    • Official Post

    In fact, my calculations were incorrect.

    My second stay at Miami is US$1000, but is really US$1300 which now includes the 30% surcharge, so the final amount on my CC is AR$81,900, where previously it would have been AR$63,000 - a difference of AR$18,900.

    The higher figure bringing the rate up to US$=AR$82, if I'm not mistaken.

    So, somehow @JAN is giving us the argument that we've all been defrauding the state at AR$63, living like kings and now we've been found out, so we have to pay the real cost.

    Quote from Splinter

    In fact, my calculations were incorrect.

    My second stay at Miami is US$1000, but is really US$1300 which now includes the 30% surcharge, so the final amount on my CC is AR$81,900, where previously it would have been AR$63,000 - a difference of AR$18,900.

    The higher figure bringing the rate up to US$=AR$82, if I'm not mistaken.

    So, somehow @JAN is giving us the argument that we've all been defrauding the state at AR$63, living like kings and now we've been found out, so we have to pay the real cost.

    Splinter .........its not so much people like u or me this is designed to punish .......it's more wanna be socialist people like bajo, going to Italy buying Italian shoes for the low fake usd, and on the other hand charging usd to his clients!!!!!


    We all get punished on this, you and me included.....but we are minorities, and it is to assume that we can counter on this by the fact we are foreigners and might have foreign income or savings!!!!

    I need to reiterate: I do not in anyway believe in currency controls and all these fake policies, buuuut, if u really need to punish someone, Argentinian to 99% I think this measure is the more fair one!

    The country is in deep shit......I think it does not justify to subsidize people holiday in Miami...........if u wanna go, go with ur dollars or ur pesos that u the convert, but don't count on doing it on the cost of the country!!!!

    The 30% add on is just to level it out to the real usd value!!!

    Rice n Splinter, again are u trolling me ?????


    I will answer ur last question this way Rice , with a question...:


    Why don't u bring a shitload of pesos with u next time u visit the still great country, America......

    Then u go to a fine diner, or go and shop or go to a car dealer, a person, a hotel or whatever.......u buy something worth 100 usd.....when the bill comes, u put 6500 pesos on the table and say "here u are"! 100 usd is 6500 pesos or???????

    Or u say, listen peso is 65, I round up, I give u 7000!!!!!!


    U let me know the outcome please!!!!


    Netflix is not an Argentine company I guess, they do not accept Mickey mouse money.......if a service cost 100 usd f. Ex. It's 100 usd........not what u believe or think is hundred dollars! So, anything that is not PURELY Argentinian, it's price is calculated in real money, not Mickey mouse money!

    So if u pay with a foreign credit card, say American, it's usd......if u pay with an Argentinian card, the company want to receive 100 usd OR THE EQUIVALENT!!!!! With Albertos tax of 30% it just make it more than obvious the usd is not by 65!!!!!!

    Alberto or the state need to pay 100 usd, because Netflix do not accept Mickey mouse money.......


    Again I already mentioned it, that 30% tax is not directed to the 0.1% foreigners like u n me, but directed towards the Argentinian people.

    • Official Post

    No one is trolling you. We're just trying to get our heads around an enormous tax that's being introduced based on a lie. The lie being that they want to encourage local tourism. Complete bullshit.

    We're back to 2011 now, only worse. Remember when you had to show your air ticket and complete a tax return just to get $50 spending money? To prove you could justify the puny amount of $$ they would allow you?

    And it will get worse, with lie after lie compounded, while the legislators wallow in impunity, tax-free salaries and massive expense accounts. Not to mention access to as much foreign currency as they desire.

    Also, we don't need a lesson here on how foreign purchases are made. Any idiot knows that Netflix et al only get paid in USD, just like any other card payment on a foreign service.

    The argument you're trying to put forward is that now, with 30% on top, we're paying what we really should have been paying all along and that somehow we've been getting it good. And who's fault is that? Ours?

    How about last year, when some of us were in Europe and the peso devalued like a fucking stone through no fault of ours and we had to stop using our cards?

    Yes, it's directed at Argentines who have damn cheek to buy air tickets, Netflix, hotels abroad, car hire and all the other things that in the rest of the world are taken for granted without even a second thought.

    Talking from a position of having funds outside Argentina is all very well and cosy, but the majority of Argentines and yes, thousands of expats, don't have that luxury.

    Yet again the middle classes, not to mention the farmers, are being punished for expecting a little more out of life than simply living and struggling in this asylum, just to get a taste of what the real world looks like over there in Shangri-La.

    Problem with this country is it has too many problems that need sorted.

    When they fix one problem it has a negative knock-on effect on all the others which in turn makes the problem you fixed in the first place and even worse problem. ^^


    You'd have to be a nutcase to want to be a politician here.

    I agree with you the 30% is a huge bullshit.......but at least it's a way to make the argis understand the value if a dollar!

    I'm not in anyway a supporter of the clown and his measurements........i find it ridiculous to keep on this mascarade......

    The 30% goes into the box where there is missing the 30%,, caused by the fake usd.

    Another stupidity in this whole payaseria......why do we not get the 30% on top of our purchases with foreign credit cards here.......because we a BRINGING usd to Argentina!!!!

    Anyway to make u understand why I like the 30% tax: that way the argis get to understand the situation better, and over time your usd, that is usd real, is gonna have the real usd value......that's still not the case!!!! So at least when we get to the point that the blue is double the official, we have some increased buying power with our foreign currency. The last 4-8 years, that was not the case.......the rates, all of them were kept artificial low, until the box with money was empty, that's about now! If we are gonna have all this bullshit around at least let of have the pleasure of being the rich Americans with real money!!!