Re: Hotel situation

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On 12/16/2015 07:43 PM, Livingood, Jason wrote:
> On 12/16/15, 5:30 PM, "John Levine" <johnl@xxxxxxxxx
> <mailto:johnl@xxxxxxxxx>> wrote:
> 
>     When the government drops currency controls, the official rate will
>     move toward the blue rate.  The blue rate builds in a bit of a risk
>     premium since it's officially illegal (although you can't walk two
>     metres on Florida without someone saying "cambio, cambio") so the
>     future real rate is likely to be not quite as good as the blue rate.
> 
> 
> Yes, that is happening
> now. http://www.bloomberg.com/news/articles/2015-12-16/argentina-to-announce-lifting-of-currency-controls-today So
> things will be very different by the time of the IETF meeting (it is
> very fluid and hard for any of us to speculate how it will work, as much
> in Argentina seems to be changing).

What is the "much" that is changing?


-- 
Fernando Gont
e-mail: fernando@xxxxxxxxxxx || fgont@xxxxxxxxxxxxxxx
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