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Re: Hotel situation

"Livingood, Jason" <Jason_Livingood@cable.comcast.com> Wed, 16 December 2015 22:43 UTC

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From: "Livingood, Jason" <Jason_Livingood@cable.comcast.com>
To: John Levine <johnl@taugh.com>, "ietf@ietf.org" <ietf@ietf.org>
Subject: Re: Hotel situation
Thread-Topic: Hotel situation
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Date: Wed, 16 Dec 2015 22:43:19 +0000
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References: <D2974977.11F8DB%jason_livingood@cable.comcast.com> <20151216223008.14828.qmail@ary.lan>
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On 12/16/15, 5:30 PM, "John Levine" <johnl@taugh.com<mailto:johnl@taugh.com>> 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).

Jason

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