Replies to post #18095 on Value Microcaps Free-For-All

[Penny Lane]

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.