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Source link: http://archive.mises.org/1724/argentinas-paper-money-mire/

Argentina’s Paper-Money Mire

March 19, 2004 by

Argentina’s descent from economic prominence throughout most of the 1990s to purgatory by the end of the decade is a miserable tale instilling heartache and frustration in all parties involved. More importantly, this tragedy underscores the inherent hazards of state participation in capital markets. [MORE]

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