[fhayek]

The official exchange rate is 200 pesos to the U.S. dollar. A year ago, it was 100.

What strikes me is how much time is wasted waiting on line, or taking ferries to Uruguay, or workers going on strike to secure wages that keep up with prices. All this wasted time that could have been put to more productive use. The breakdown of a currency equals a breakdown of society.

[PGR88]

Is Uruguay much better?

[PeterPrinciple]

What strikes me is how much time is wasted waiting on line, or taking ferries to Uruguay, or workers going on strike to secure wages that keep up with prices. All this wasted time that could have been put to more productive use. The breakdown of a currency equals a breakdown of society.

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Life is choices. Where we spend our time is one of them. We can “let” them choose for us, but what would be better choices?

What should we choose today?