Of all the countries to buddy-up with to form a new currency, Argentina probably wouldn’t be top of the list. For well over a century, Argentina’s economy has been a story of mismanagement, default, devaluation and false dawns following IMF interventions. Professor Steve Hanke, an expert in inflation and monetary systems, estimates Argentina’s current annual inflation rate to be a staggering 88%.
I love the Latin Monetary Union. But what about the hard e-euro? I always thought that was a good idea and John Major doesn't get the credit he deserves. A hard e-Sur used to reduce cross-border friction?
I love the Latin Monetary Union. But what about the hard e-euro? I always thought that was a good idea and John Major doesn't get the credit he deserves. A hard e-Sur used to reduce cross-border friction?