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Bloomberg Markets

Argentines Keep Cash Under Mattresses Even as Milei Pushes Bank Accounts

Argentines Keep Cash Under Mattresses Even as Milei Pushes Bank Accounts
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You’d be surprised how damp and smelly dollar bills get, Alejandro Lamas says, when they’ve been squirreled away under a mattress for years. He’s gotten so many stacks of them from Argentines he’s sold used cars to over the years that he’s a bit of a connoisseur. Slip him a counterfeit and he knows at first touch.

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