THE AMERICAS: Bargain Living

"I took some friends to Au Bec Fin, an excellent French restaurant, and a four-course luncheon cost less than $1 a person," the wife of a U.S. businessman who lives in Buenos Aires reported last week. "Movies at five cents, sugar at a penny a pound—if Americans would like the fine, careless rapture of living in 1956 with such items on their budgets, all they have to do is to take the next plane to Bolivia," a U.S. woman wrote from Cochabamba. With the forces of exchange legalization, runaway inflation and currency liberation variously at work, dollar-earners in South America...

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