Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Wednesday, October 9, 2013

Argentina and Inflation

15 Millones

Scanned 100 Pesos
When I was on my mission, Argentina had a terrible problem with inflation, like 300 percent annually.  If you look and the millones the are marked 10,000 not a million.  This is because they dropped three zeros from the back of their money to try and stabalize it.  Having 13 millones was a lot of money when I started my mission.  Not so much when I came home.