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428
Joined
2 yr. ago

  • Of course it wouldn't be there, I'm not saying that the government spending money at all is bad.

    What is bad is the government spending too much money, so much that they introduce way too much money into the economy, making the rest worthless.

    Obviously it's a combination of factors, but printing (and then introducing) a shitton of money will have very direct effects on the value of the currency.

  • Gift cards would cease to exist overnight if that was a requirement.

    They hope you forget, it's free money.

    But if every dollar had to be worth a dollar, there would be no space to squeez in operating costs - issuance, accounting, all that jazz.

    Sure, they'll bring in a couple more customers maybe, sure, you can make some money on the interest in the meantime, but it just wouldn't be worth it IMO.

  • The black market rate was around 1000 pesos per dollar and the official was 400. They devalued it to bring it closer to the black market one.

    If the official rate meant anything, the black market one wouldn't be so drastically different.

  • Makes sense, if stuff is subsidized, the government has to pay for it. If the government doesn't have money to pay for it, they'll just print it out of thin air, devaluing the currency (and thus taxing the working class).

    There's gonna be a lot of pain for Argentinians in the months and years to come, hopefully it'll all be worth it...

  • I noticed it tries to start listening on 192.168.1.100, don't see a "network: host" in the compose file, don't think it should have access to that IP address.

    Not sure how to explore that further but might put you on the right path

  • This doesn't sound like it is about rent prices, but more about the income of the individual.

    If you have more money, you can spend more on healthcare, higher quality food, ...

    Of course if rent was cheaper people would have more money, but in absolute values (not %), I don't think the study would see as much of a difference