Article

2010-01-09 Caribbean-Latin America

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2010-01-09 11:15|| || Front Page|| [1 views ] Top
File under: Commies

#1 He's living in a fool's paradise.
While a Nation sets the "Exchange" Rate Initialy Currency markets take over from there and set the REAL rate of exchange.
Whether or not the Nation's currency in question cares or not.They can't do shit about it.

Posted by Redneck Jim 2010-01-09 13:16|| 2010-01-09 13:16|| Front Page Top

#2 He's not living in a fool's paradise. The way it works is, those connected to the government can get dollars at one rate, and those who aren't can get them at market rates. This gives those who are in with the party an additional chance to make money off of the difference in conversion rates.

Posted by Thing From Snowy Mountain 2010-01-09 15:01|| 2010-01-09 15:01|| Front Page Top

23:10 USN, Ret.
23:10 Fred
23:02 Thing From Snowy Mountain
22:54 Frank G
22:51 Play4Keeps
22:50 ed
22:46 USN, Ret.
22:42 ed
22:39 Chereting Snetch4156
22:31 trailing wife
22:28 Pappy
22:19 49 Pan
22:19 notascrename
22:16 Redneck Jim
22:15 Bright Pebbles
22:06 crosspatch
22:01 Redneck Jim
21:59 Redneck Jim
21:58 Redneck Jim
21:52 Barbara Skolaut
21:52 Redneck Jim
21:50 Redneck Jim
21:46 Redneck Jim
21:43 Barbara Skolaut