It is being widely-reported that the "official" exchange rate of the peso will be devalued from 350:1 USD to 500:1 this coming week supposedly due to the upcoming presidential elections. That's a debasement of 43%. Un-fucking believable. They'll attempt to paint it as an issue of trust in the currency, when in all reality it's because of populist bureaucrats printing the currency into oblivion.
This is why money needs to be separated from clown politicians.
runningbitcorn / RunningBitcorn
npub19a…cxn5t
2023-10-18 18:17:53
Author Public Key
npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5tPublished at
2023-10-18 18:17:53Event JSON
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"content": "It is being widely-reported that the \"official\" exchange rate of the peso will be devalued from 350:1 USD to 500:1 this coming week supposedly due to the upcoming presidential elections. That's a debasement of 43%. Un-fucking believable. They'll attempt to paint it as an issue of trust in the currency, when in all reality it's because of populist bureaucrats printing the currency into oblivion.\n\nThis is why money needs to be separated from clown politicians. ",
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