Since its founding in 1935, inflation has averaged 55 percent per year. Since its issuance by the BCRA, 13 zeros have been added to national currency. The Argentine state monopoly on money was devised by the conservatives, and, interestingly, those who opposed it were the socialists of the time, denouncing the Argentine state for converting … Continue reading Could a New Currency Be the Solution to Argentina’s Never-Ending Inflation Problem?
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