Economic Chaos - Who's killing Argentina's Peso?

ARTICLE - Until recently, stable money and sound banking were the two pillars of an otherwise weak Argentine republic. As Argentina confronts its fourth year of recession and finds itself bankrupt, many are now blaming its monetary regime, which delivered that stability and soundness.

By Steve H. Hanke, professor of applied economics at Johns Hopkins University and chairman of the Friedberg Mercantile Group in New York.

Published in the Asian Wall Street Journal, 3 December.

In fact, it's

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