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Re: latin blood post# 18095

Tuesday, 10/28/2008 9:13:21 AM

Tuesday, October 28, 2008 9:13:21 AM

Post# of 33753
So at worst the Argentine peso was de-valued on the open market by a factor of 4? I vaguely remember in the mid/late 1980's, the Mexican peso was de-valued 1000 to 1 (not sure on this ?)

I'm interested because the U.S. gubment can't continue pulling monopoly money out of the hat without some "de-valuation" consequences. Any continued rise of the dollar would constitute another bubble.


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