Small Change Argentina

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A story about the chronic small change shortage in Buenos Aires.
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sarahgilbert
  • video added October 31, 2007

9 comments // Small Change Argentina // Video

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    http://current.com/items/76305522_the_money_trail

    joshuaheller
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    That is weird. I hope the government gets more involved and finds a solution.

    thedez
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    I live in buenos aires and this is very true! I´m not argentine but I have a hoard of coins in my house, that I ration out when I know I will need them.
    check out another pod about argentina:
    Argentina´s Orphans of Soccer

    http://current.com/items/86688471_argentina_s_orphans_of_soccer

    gingerandgerardo
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    Reuters is onto this story:

    http://www.reuters.com/article/worldNews/idUSN2332511320071106?pageNumber=2

    As is a local Buenos Aires blogger and DJ:

    http://www.discoshawn.com/2007/11/getting-change-still-problem.html

    sarahgilbert
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    wow! I am going to Argentina for christmas, I grew up there and there were no problems with change shortages back then, I plan to do alot of spending there so I dont know how this is going to affect my argentinian purchasing.

    steadysteve
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    I know, it sounds crazy, but it's completely true. I'm argentinian, and since they have put these machines in the buses, that just take coins, it's been a nightmare, and nobody helps.
    How it works is very simple, you go, lets say to a kiosk
    to change some notes by buying cigarrettes, or chewing gum, and the guys there, just try to find a way
    not to give you coins!!! And this is something that's been happening for ages, it's not just now, that why now, we got to the point that not even the banks want to give you coins.
    Everybody, just tries to keep the coins, and, in the other hand, you need the coins to mostly the whole of public transport in Buenos Aires.
    I really can't think of a way out of the situation.

    avefenixjvc
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    Video comment

    ebarnett09
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    wow, I never knew that. how interesting! thank you for being my 'learning something new everyday'.

    some of the type was a little hard to read..

    ohh_Donna
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    great report!

    I find it terribly ironic that the central bank blames the problem on people hourding coin...

    loved the soundtrack...

    I remember long ago, before the euro, when I lived in Spain. They use to drill holes in the 1 pesseta piece for to make washers (hardware) for screws because it costed more to buy new ones that the value of the coins.

    -lucho

    LucienRafagas
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