Monday, February 4, 2013

Argentine Inflation = Hot Money

Nothing like pegging your currency to a nation with very low inflation...like the US for example.

http://modernmoney.wordpress.com/2011/01/31/argentina-inflation-due-to-pegged%C2%A0currency/

and that leads to......

http://www.zerohedge.com/news/2013-02-04/argentina-freezes-supermarket-prices-halt-soaring-inflation-chaos-follow


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