Challenges of International Transactions
Explore the difficulties faced by individuals in Argentina when it comes to international transactions, including the limitations of the legal monetary system and the high transaction costs. Learn about the fixed exchange rate and how it impacts the exchange of dollars to pesos, resulting in the government keeping a significant portion of the funds. Discover the alternative black market rates and the challenges they present.In this clip
From this podcast
EconTalk
Devon Zuegel on Inflation, Argentina, and Crypto
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