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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
Member Is Offline
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| Quote: | Originally posted by toneart
| Quote: | Originally posted by gnukid
| Quote: | Originally posted by Sharksbaja
Well, that'll teach Stu a lesson! 
Poor bastard posts 3 TIMES and our purist watchdog gives em a good bite and for what?
WTF is up with that? 
It's only money....... |
If someone's third post is 'meet me in Baja to exchange money', I would say no not a good idea. Anyone who either travels to or lives in Baja has
access to reputable services to exchange money, if not there is a reason and its not a good one.
A programming message throughout the media recently is dollars are going away for combinations of other reserve currencies. this message reflects that
meme.
To each his own, in the case of a new poster with only meeting to exchange money on the mind, I express 'use caution' in this circumstance.
This speaks to the issue what we are getting at here on line, every-time a 'new poster' posts something which is problematic many of you give the new
poster 100% credibility.
Do not meet people you don't know to exchange money. Use common sense. |
Stu is a member in good standing with the Mulege community and he has property here. He is also an avid fisherman. Mulege isn't that large and doesn't
have as many retail outlets that will convert currency, but a few will if they know you and/or you do business with them... if you catch them at the
right time. Bancomer will not.
He is a newby on The Baja Nomad, asks a simple question and then obviously discovers that our "community" is not that hospitable. Notice he hasn't
been back since our "community" ran with his post into left field. Can't say that I blame him.
I can understand Gnukid's wary response but, in this case, I can vouch for Stu.
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That introduction helps a great deal to alleviate some concern. Other posters also mentioned businesses which do exchange and who presumably check the
money as well, we hope.
Furthermore my concern is two-fold, the Federal Reserve published a press release that anyone exchanging money or doing businesses with named
launderers were also guilty of a crime, they named a large number of people in Baja in their PR.
And, people may demand their banks and business serve them by honoring legal currencies and money exchange. The consumer leads practices by demanding
the services they need not vice versa.
Look for this theme of scarcity of dollars to appear often in the coming days and week.
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capt. mike
Elite Nomad
Posts: 8085
Registered: 11-26-2002
Location: Bat Cave
Member Is Offline
Mood: Sling time!
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i know Stu too. he's good peoples.
can't blame him if he doesn't want to hang here - you have to have thick skin.
not for everyone.
i vote for GnuKid as GnotHead of the month!!
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
Member Is Offline
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| Quote: | Originally posted by gnukid
That introduction helps a great deal to alleviate some concern. Other posters also mentioned businesses which do exchange and who presumably check the
money as well, we hope.
Furthermore my concern is two-fold, the Federal Reserve published a press release that anyone exchanging money or doing businesses with named
launderers were also guilty of a crime, they named a large number of people in Baja in their PR.
And, people may demand their banks and business serve them by honoring legal currencies and money exchange. The consumer leads practices by demanding
the services they need not vice versa.
Look for this theme of scarcity of dollars to appear often in the coming days and week. |
Can people now "demand" that US businesses "honor the peso?
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oldjack
Nomad
Posts: 350
Registered: 1-26-2006
Location: Los Barriles
Member Is Offline
Mood: retired
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going forward to 2011.... the new 100's will create quite a problem for exchanging/use/depositing etc.....
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
Member Is Offline
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Care to 'Splain?
| Quote: | Originally posted by oldjack
going forward to 2011.... the new 100's will create quite a problem for exchanging/use/depositing etc..... |
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Udo
Elite Nomad
Posts: 6342
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline
Mood: TEQUILA!
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The US Feds are going to print a new $100.00 USD bill to keep ahead of the counterfitters.
Udo
Youth is wasted on the young!
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mtgoat666
Select Nomad
Posts: 18071
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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| Quote: | Originally posted by gnukid
If someone's third post is 'meet me in Baja to exchange money', I would say no not a good idea. Anyone who either travels to or lives in Baja has
access to reputable services to exchange money, if not there is a reason and its not a good one.
Do not meet people you don't know to exchange money. Use common sense. |
newkid: your theory assumes that post count is correlated with trustworthyness. i think post count often correlates with pompousness and affliction
with last-word-itis
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Sharksbaja
Elite Nomad
Posts: 5814
Registered: 9-7-2004
Location: Newport, Mulege B.C.S.
Member Is Offline
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Yeah....TAG! YOU'RE IT!!
DON\'T SQUINT! Give yer eyes a break!
Try holding down [control] key and toggle the [+ and -] keys
Viva Mulege!
Nomads\' Sunsets
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stulege
Newbie
Posts: 4
Registered: 1-4-2006
Location: oly peninsula/mulege
Member Is Offline
Mood: upbeat
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i'm overwhelmed with the warm and fuzzy responses, gracias
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mulegemichael
Super Nomad
Posts: 2310
Registered: 12-24-2007
Location: sequim,wa. and mulege
Member Is Offline
Mood: up on step
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again, stingray, wasn't B of R the way to go???...you KNOW you miss us...or...her.....and aren't these guys just a bunch of banditos?..."i don't need
no stinking positive s**t!"...geez
dyslexia is never having to say you\'re yrros.
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irenemm
Senior Nomad
Posts: 623
Registered: 7-16-2009
Location: vicente guerrero, baja
Member Is Offline
Mood: relaxed
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Hey we at the Posada Don Diego in Vicente Guerrero
will take all the dollars you have. Of course we have no pesos to give back to you we just want your dollars. Stop and drop them off on your way South
so you don't have to worry about getting them exchange. we will exchange from your hand to ours. 7 days a week and hey even 24 hours a day.
good luck exchanging them
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rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
Member Is Offline
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| Quote: | Originally posted by irenemm
Hey we at the Posada Don Diego in Vicente Guerrero
will take all the dollars you have. Of course we have no pesos to give back to you we just want your dollars. Stop and drop them off on your way South
so you don't have to worry about getting them exchange. we will exchange from your hand to ours. 7 days a week and hey even 24 hours a day.
good luck exchanging them |
Great Irene. You give new meaning to "Casa de Cambio"
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irenemm
Senior Nomad
Posts: 623
Registered: 7-16-2009
Location: vicente guerrero, baja
Member Is Offline
Mood: relaxed
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Hey the way business is got to think of something.
change also
change from your hand to mine.
got any taken?
we are here to provide service and please the public that is one of our jobs
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capt. mike
Elite Nomad
Posts: 8085
Registered: 11-26-2002
Location: Bat Cave
Member Is Offline
Mood: Sling time!
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well...how's that hope and change working out fer ya??
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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DianaT
Select Nomad
Posts: 10020
Registered: 12-17-2004
Member Is Offline
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| Quote: | Originally posted by capt. mike
well...how's that hope and change working out fer ya?? |
Actually, it is working quite well----a very definite improvement and more to come.
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mtgoat666
Select Nomad
Posts: 18071
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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| Quote: | Originally posted by capt. mike
well...how's that hope and change working out fer ya?? |
stock market is up, stocks are still paying good dividends, and personal business is good and steady (thank you stimulus funding!) 
also good to see some libs back on supreme court, and health insurance reform, and progress on financial regulatory reform
ab32 is rolling out in california to fight climate change, hopefully will change the way we produce and consume energy, and hoping to see that go
national in a few years did you see the recent Nova episode on ab32?
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capt. mike
Elite Nomad
Posts: 8085
Registered: 11-26-2002
Location: Bat Cave
Member Is Offline
Mood: Sling time!
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when your great grand kids finish paying for it i'm sure they'll be relieved for THEIR great grand kids.
or - if it keeps up maybe they'll be wearing the same soviet inspired garb or burkhas and those funny head wraps.....
Nov 2010 can't come soon enuff...
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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mtgoat666
Select Nomad
Posts: 18071
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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| Quote: | Originally posted by capt. mike
when your great grand kids finish paying for it i'm sure they'll be relieved for THEIR great grand kids.
or - if it keeps up maybe they'll be wearing the same soviet inspired garb or burkhas and those funny head wraps.....
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mikey,
don't be an old fuddy duddy. fashions change, and i wouldn't be surprised to see republican women wearing burkhas in 50 years, especially after
republicans accomplish their goal of repealing the bill of rights, taking away a womens right to choose, recreating a feudal class system, and
eliminating separation of church and state.
hopefully, when that happens, California will secede from the USA, and leave federal dept with people east of the colorado river
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lookingandbuying
Nomad
Posts: 102
Registered: 3-15-2010
Member Is Offline
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Why no dollar exchange??
I am wondering what is up for the locals not wanting to take dollars. Is this supposed to be part of a huge anti-money laundering operation by the
Mexican and U.S. government??
I passed through Playa Tijuana last week with dollars and had a hard time using them for my purchase at a major grocery store.
Anyway, I just can not understand why dollars are out all of a sudden. I think the locals have been making more money on the exchange rate than they
were on the goods they sell. They were all happy in the cambio business!!
Will be exchanging to Pesos at the border for sure on my next trip down.
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lookingandbuying
Nomad
Posts: 102
Registered: 3-15-2010
Member Is Offline
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Mexico's central bank like dollars!!!
Mexico cenbank says peso gains not excessive-paper
Wed Apr 21, 2010 10:29am EDTRelated NewsMexico peso firms after central banker's comments
Wed, Apr 21 2010
Mexico peso sinks, stocks see worst fall in 2 months
Fri, Apr 16 2010
Mexico peso suffers worst fall in over 2 months
Fri, Apr 16 2010
Mexico's peso close to topping out -Barclays
Wed, Apr 14 2010
Mexico peso hurt as Greece woes dent risk appetite
Tue, Apr 13 2010
* Central bank chief says peso playing catch-up
* Peso recovering from sharp losses during global crisis
MEXICO CITY, April 21 (Reuters) - Mexico's Central Bank Governor Agustin Carstens said a two-month surge in the peso's value was not excessive,
according to an interview published in El Economista newspaper on Wednesday.
A recovery in Mexico's exports to the United States has fueled a 7.5 percent increase in the peso MXN= MEX01 since February, leading some market
players to speculate Mexico could ramp up purchases of dollars in the foreign exchange market.
The currency's appreciation makes Mexico's exports more expensive. There is also a concern in some emerging market countries that extremely low
interest rates in the United States have pumped up asset prices too much, setting the stage for a big fall once the U.S. Federal Reserve starts to
increase its overnight lending rate, currently targeted at 0 to 0.25 percent.
Carstens, however, said Mexico was just playing catch-up in world markets, where the peso has trailed a recovery since the global financial crisis
exploded in late 2008.
"It would be hard to say that the appreciation has been excessive," Carstens said.
Mexico's central bank has been buying U.S. dollars since March to build a war chest of reserves ahead of any possible volatility in global markets
when the Fed eventually clamps down on easy money.
Higher rates in the United States could lead yield-hungry investors to pull their investments out of emerging market countries like Mexico.
"We have to follow the behavior of these investments very closely when U.S. rates start rising," Carstens said.
Carstens said in March that Mexico has no plan to build up more reserves. (Reporting by Jason Lange; Editing by Padraic Cassidy)
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