Cry for me Argentina

...I mean this adds a whole new dimension to bat shit insane.
They're going to make themselves the next Venezuela. Every day they come up with something crazier than the day before.

... But think of all the arbs... To get dollars you first buy grains... Then... Oh God what a fuckin mess.

Too insane for my brain.
 
And that rate of USD/ARS 60 just refers to the official rate.
Dolar Blue is currently trading at about USD/ARS 75.

38,600 / 75 = 514.67 or a 37% decline in USD terms.

It looks like Dolar Blue reached USD/ARS 80.00 on December 27.
Now back to 77.00
 
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