Mises Daily
Author:
Sean Corrigan
Online Publish Date:
Gerardo Leone, commercial director at Argentine cold meat supplier Paladini SA, knows he has to revise his price list that assumes an exchange rate of 1.4 pesos per dollar. He just doesn’t know when to do that. “It’s impossible to set our prices,” said Leone. “The country is such a mess.” Without a believable peso rate, some companies are either