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re: what financial assets can be bought in argentina with pesos and sold in the US?
Posted on 12/10/12 at 12:24 am to foshizzle
Posted on 12/10/12 at 12:24 am to foshizzle
oh they're definitely aware, it's pracically impossible to get around their capital controls if you're an Argentinean citizen, but from what I can gather there's a little more wiggle room for foreigners. I'm really just spitballing though, I read a story about how people are actually willing to pay over the informal exchange rate equivalent for bitcoin as a way to protect against future inflation and I started wondering about ways to take advantage of such demand. But I don't even know how such assets would be priced in light of such an obviously overvalued exchange rate.
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