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243:"B" was scheduled for payment just in 2006. The economic importance of Buenos Aires province ensured the acceptability of Patacones because there were plenty of large companies that found use for them as payment of provincial charges. Patacones were accepted outside the Buenos Aires province and eventually circulated (albeit informally) in border areas of neighboring countries.
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However, the value of
Patacones became eroded as the series "B" was issued because as a way to put pressure on the Government to cancel a large debt, the company that printed them eliminated many safety features deemed too expensive, thus making them easier to counterfeit. Also, the revenue of series
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Patacones could be attractive due to a revenue scheduled for payment in 2003 in pesos (practically equivalent to dollars). When the convertibility was abandoned amid fears of hyperinflation, the attractiveness of this revenue practically disappeared. The basis for the acceptability of
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is derived from a former
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were used to pay government bills, including state employees' salaries during a period when the
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Letra de
Tesorería para Cancelación de Obligaciones de la Provincia de Buenos Aires
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First issued during the peso/U.S. dollar convertibility regime, just like other
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then circulated in the economy in much the same way as pesos.
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164:"Patacón" redirects here. For the food, see
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77:Learn how and when to remove this message
287:The patacone plan - back to the future?
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265:in Argentina at that time were the
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219:caused regular currency (
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263:complementary currencies
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61:more precise citations.
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53:Please help
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183:Two Patacón
175:One Patacón
59:introducing
301:Categories
132:2001 riots
128:Cacerolazo
275:Argentino
246:The name
225:Patacones
213:patacones
209:Argentina
117:Corralito
67:June 2012
273:and the
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201:province
195:) was a
166:Tostones
123:Corralón
267:Crédito
248:patacón
189:Patacón
55:improve
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261:Other
137:Apagón
271:LECOP
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197:bond
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