January 15, 2007

THE FAR RIGHT VS THE FREE MARKET:

Pizza Chain Takes Pesos, and Complaints (GRETEL C. KOVACH, 1/15/07, NY Times)

Jose Ramirez and two friends stopped by a Pizza Patrón here after work on Thursday for a carry-out dinner. Mr. Ramirez, his jeans dusted with white chalk from the construction site, ordered a Hawaiian and La Patrona -- a large with the works.

The pies cost him almost 220 big ones. Pesos, that is.

Mr. Ramirez, 20, received his change in American coins and said he liked the chain's new "Pizza por Pesos" promotion. He had been in the United States for 15 days -- his home is in Guanajuato, Mexico -- and he wanted to spend the last of his Mexican currency.

"I just arrived," he said in Spanish, smiling nervously. "It's my first time here."

The employees at this Pizza Patrón in East Dallas, one of 59 in five Southwestern and Western states, were still puzzling over the conversion rates almost a week after the chain started accepting peso bills on Jan. 8.

But the promotion has already hit a nerve in the nationwide immigration debate.


Having decided as a society to make them affluent, we can hardly be surprised that businesses want them as customers.

Posted by Orrin Judd at January 15, 2007 9:02 AM
Comments

One fascinating aspect of this that all numismatists will recognize is how the old "Spanish milled dollar" played a role in the Colonies and early US when native currency was scarce...

http://www.columbiagazette.com/smd.html

Posted by: M. Murcek at January 15, 2007 9:39 AM

Dumb. Money is money.

We should wonder if anyone realy cares about something like this. The only serious question should be whether the procedure is legal. In most of the many countries I have visited I had been told that money could be legally exchanged only at banks and official exchange booths in airports and train stations.

Posted by: Lou Gots at January 15, 2007 9:44 AM

And the point of that restriction is to let the government, through authorized entities, control the exchange rate, instead of letting the market do it...

Posted by: M. Murcek at January 15, 2007 10:30 AM

"La Patrona" -- sounds furrin.

Aside: Mexicans ordering Hawaiin pizza, that abomination to all things pizza!?! I've officially changed my immigration stance. Send em back.

Posted by: Jim in Chicago at January 15, 2007 10:42 AM

Jim, Re: pineapple pizzas. It is California afterall and even recent arrivals aren't immune to its nutsoness.

Posted by: erp at January 15, 2007 11:03 AM

What kind of loser holds onto peso any longer than they have to, anyway, especially as far north as Dallas? Do pizza joints in Chicago take Canadian money? (Do places in Detroit?)

Posted by: Raoul Ortega at January 15, 2007 11:21 AM

I think it's probably legal to accept foreign currency. We accepted Canadian currency on Nevada's gaming tables back in the 90s.

Posted by: Patrick H at January 15, 2007 2:50 PM
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