Last
night, six of us went out to dinner at one of the nicest restaurants
in Salta. We ordered two bottles of good Laborum cabernet sauvignon.
We had beefsteaks, dessert and coffee. The bill came to 1,058 Argentine
pesos (about $200).
Was
that a lot... or a little?
It
depends. If you traded your money at the official rate, the meal
would have been priced at around $200. Very reasonable.
But
if you had traded your money at the rate quoted yesterday on
the black market, the dinner would have been even more reasonable
– barely more than $100.
This
morning, the cab ride from the airport into Buenos Aires cost 50
pesos. At the official rate, that's about $9. At the "blue" –
or free-market – rate, the ride cost only $5.
The
alert shopper can save a lot of money. The dull one gets ripped
off.
Read more: http://lewrockwell.com/bonner/bonner596.html
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