951: Friday Q&A: Working in Dubai, Learning French, Early Retirement, Die with Zero, Argentina Hyperinflation, etc.
Radical Personal Finance
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The Dangers of Hyperinflation in Argentina
The price never goes to zero like many people imagine. When a currency itself becomes worthless, the people start doing business in another currency and things are valued in another currency. Argentina has hyperinflation seemingly around every five years. There's all kinds of opportunity in Argentina but they've also nationalized everything. And if you're going to buy stuff there, you need to have a good long term viewpoint on using it.
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