Living in a world of high inflation
Two Argentine freedom advocates tell a cautionary tale. It could happen here.
In a wide-ranging conversation with two Argentinian intellectuals, we got a startling introduction to what it’s like living in a country plagued by chronic inflation. Don’t miss this one.
Maria and Eduardo Marty, both of whom are activists for individual rights and freedom, tell a cautionary tale for all Americans: Unless we protect our monetary and political institutions from further corruption, the economic tragedy of Argentina could happen here.
To find Maria on social media, search “Ayn Rand Center Latin America” and all her channels will show up easily. Eduardo’s website is www.frilatam.com, and his email handle is emarty@frilatam.org.
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Thanks for watching,
HardmoneyJim
Thanks, Steve. One interesting point that kept coming up was the use of the US dollar as a safe-haven. So, people in Argentina try to exchange their pesos for dollars, or figure out how to get paid in dollars. This begs the question: what happens to them if the dollar starts to lpse its value.? Of course, this is already happening!
Hi Jim. Thanks for taking time to introduce the Marty's to us. It seems that Argentine history is complicated, but scary! Lots of citizens there wanting big government oversight and handouts (entitlements) to the masses so they don't have to work. It's clear to me that America is heading down this dangerous road too! Just look at how the present administration and left-leaning Congress are constantly making excuses for people who can't/won't support themselves while giving away taxpayer money (entitlements) to buy their votes! As always, thanks for your insight and hard work in preparing these videos.