An Argentine who gets paid in pesos tries to spend his salary the same day or turn it into something else. Over the past half century the peso has lost value so often and so fast that keeping savings in it is considered in Argentina a kind of feeble-mindedness. The parents’ generation kept dollars in cash, under the mattress or in a safe-deposit box, and bought them from the money changers on Florida Street in Buenos Aires, who whisper “cambio, cambio” to passersby. The children’s generation buys dollars on the phone.
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Dollars for Those Who Have None — Nobody Owns Money | Mike Fluff
