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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.
