Tag Archives: argentina

Argentina’s Sorrows Deepen by Pater Tenebrarum

Pater Tenebrarum of Acting Man blog wrote an article about Argentina that I have been looking forward to for some time. There is no better case of how a nation has suffered from the application of socialism, inflationism, disregard of … Continue reading

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Myths and Lessons of the Argentine “Currency Crisis” by Joseph Salerno

Joseph Salerno wrote an outstanding article about the economic turmoil in Argentina. Unlike the sloppy reporting of the mainstream financial press, Salerno carefully defines terms to arrive at the crux of Argentina’s problems: ‘Money creation, in conjunction with a pegged … Continue reading

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Currency Massacre in Emerging Markets by Pater Tenebrarum

Pater Tenebrarum of Acting Man blog provided a useful overview of recent economic turmoil in Venezuela, Argentina, and Turkey. ‘Both Venezuela (socialist worker’s paradise) and Argentina (nationalist socialist paradise) have a problem with their foreign exchange reserves. In both cases … Continue reading

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Gaius Aurelius Valerius Diocletianus Strikes from the Grave – Part 2: Venezuela

In “Gaius Aurelius Valerius Diocletianus Strikes from the Grave” I noted that Argentina was following the economic policies of the Roman Emperor Diocletian. The familar steps were: government debt -> inflation -> price controls -> economic chaos. Venezuela has followed … Continue reading

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Gaius Aurelius Valerius Diocletianus Strikes from the Grave

As expected, the economic illiterates who are ruining Argentina have taken the next inevitable step as they attempt to inflate their way to prosperity. After running the monetary printing presses fast enough to cause prices to rise at an estimated … Continue reading

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Business Idea: A Gold/Silver 100% Reserve Bank

This is not an original idea even in today’s world of fiat currencies and fractional reserve banks. I am aware of two precious metals banks that currently exist. The first is Peter Schiff’s Euro Pacific Bank [1]. It is a … Continue reading

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