The plan of the elected President of Argentina has begun to be implemented.
Although in the non-Western part of the world voices are increasingly heard in support of de-dollarization, that is, the departure from the US dollar as a reserve and main currency of account, in certain countries and in certain industries, due to the extremely deplorable state of their economies, the opposite situation is still occurring. The company announced that Valve would transfer Turkey and Argentina to Steam to US dollars at the end of October, promising to do this on November 20. The indicated day has come, let’s add here the gradualness of this process, and now Steam users in these countries will suddenly begin to pay twice or even several times more for games.
This is, of course, connected with constant and already uncontrollable inflation, coupled with the equally uncontrollable weakening of the Argentine peso and the Turkish lira. In Turkey and Argentina, annual inflation is either approaching or exceeds 100%, so constantly making changes to price tags is no longer practical, and Steam decided to transfer prices in these regions to still stable dollars.
Why does this concern us? Because many Russian users actually “moved” to the Turkish and Argentinean regions of Steam with the beginning of sanctions pressure on Russia, which was joined by most major Western (and Japanese) game publishers. So now you have to “move” to Kazakhstan, and then do what your self-esteem tells you to do: continue to buy games from departed publishers in a roundabout way, or ignore their products until they officially return to the market. Well, or continue to remain in the Russian region, but with a noticeably limited selection of available video games.
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It is curious that yesterday a new president, Javier Miley, was elected in Argentina, whose dubious economic program, in particular, includes a plan to abandon Argentine pesos and switch to US dollars. Well, from today, Argentine gamers will be able to use a relatively easy and non-life-critical example to find out what this will mean for the state’s economy.