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And is giving the employees of Casa de Mondeda outstanding holidays. I'm not sure what this means or who will print them in future, if ever.
The $20,000 bills are coming from China.
Anyway, Milei is getting rid of public employees at an eye watering rate 
Anyway, Milei is getting rid of public employees at an eye watering rate
Going by my obsevations at the public office I was in last Friday to renew my DNI 75% of those employed there were doing F all. Some were engrossed with their mobile phones while others sat chatting while drinking mate, one was even spotted dragging a bag of dog food from their office to who knows where.
The other 25% weren't exactly hard at it either.
Since they won’t be printing 1000’s or 2,000’s, how quickly do you think that will affect merchants’ ability to make change for a 10,000 note? It could be immediate, as there is already a shortage of smaller bills. It’s not unusual to make a 5200 purchase and hand the cashier 6k, only to have them demand whether you have 200. If you don’t, they shrug and don’t give you your 800 peso change.
I don’t like to think of a similar situation, with no change back from a 10k note when you make a 2k purchase - -
A bit of a distraction from the central discussion but I think interesting.
My mate arrived in BA yesterday. He went to the WU office on Av Córdoba that I always use. He did his transaction but then also he had brought with him 60000 pesos in 100 peso notes. They happily took them from him and gave him 6 x 10000 notes.
Honestly I wouldn’t have thought to even ask but he did and got a great result.
At this point, I’d rather have 1000 notes than 10,000 notes. Just in case.
US is being compared to a banana republic.
Surprised?
Would be nice to have a 5,000 peso note.
Would be nice to have a 5,000 peso note.
I agree! It also seems ridiculous that prices still have decimals when in reality there is not enough small bills ($10-$20) even to give change below $100
I agree! It also seems ridiculous that prices still have decimals when in reality there is not enough small bills ($10-$20) even to give change below $100
I got a few boiled sweets instead of change the other day. That used to be far more common practice 20 years ago than it is nowadays.
In the bank the other day, they didn't have $100 change in notes so they gave me bag full full of coins.
I have seen a few chinos with signs that they’d gladly take them. They really count money down to the peso! Perhaps it’s worth checking / spending that $100 in a chino.
Nowadays, if I am given change in coins, I politely turn it down - ' you can keep the coins', I say. Then glide away before the other person has the chance to reply.
My wallet doesn't even have a coin pouch!
