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Rescuing The USPS.
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<blockquote data-quote="vantexan" data-source="post: 4446129" data-attributes="member: 24302"><p>You do realize you can rent whole houses or apartments through Airbnb? I came back from Albania because everything got shut down due to the virus. Other places I explored as options for the future. But I digress. Heading to Argentina as soon as the travel bans are lifted. </p><p></p><p>The Dollar is the world's reserve currency. Unless that changes it will always be worth significantly more than most other currencies. In Argentina they have an official rate, currently about 65:1, and what they call the "blue rate" which currently is almost 95:1 with the U.S. Dollar. Their Peso erodes in value so they offer more to get their hands on Dollars. $500 USD will get you more than $680 worth of Pesos with the blue rate right now. And what's great for an American expat is you can get that rate by having money sent to you by Western Union using your own debit card. The blue rate has been around for decades but before Western Union started doing this last year people had to bring cash into the country on trips and exchange it to get the great rate. ATM's give the official rate and don't give very much money while hitting you with $10 transaction fees. So people use a number of money transfer sites to get money but Western Union really is the game changer for living there.</p></blockquote><p></p>
[QUOTE="vantexan, post: 4446129, member: 24302"] You do realize you can rent whole houses or apartments through Airbnb? I came back from Albania because everything got shut down due to the virus. Other places I explored as options for the future. But I digress. Heading to Argentina as soon as the travel bans are lifted. The Dollar is the world's reserve currency. Unless that changes it will always be worth significantly more than most other currencies. In Argentina they have an official rate, currently about 65:1, and what they call the "blue rate" which currently is almost 95:1 with the U.S. Dollar. Their Peso erodes in value so they offer more to get their hands on Dollars. $500 USD will get you more than $680 worth of Pesos with the blue rate right now. And what's great for an American expat is you can get that rate by having money sent to you by Western Union using your own debit card. The blue rate has been around for decades but before Western Union started doing this last year people had to bring cash into the country on trips and exchange it to get the great rate. ATM's give the official rate and don't give very much money while hitting you with $10 transaction fees. So people use a number of money transfer sites to get money but Western Union really is the game changer for living there. [/QUOTE]
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