Wut? Argentina had 10 years of recesion, with actual deflation. Inflation is not... | Hacker News

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		roderik on Feb 25, 2012 \| parent \| context \| favorite \| on: Don’t lie to me, Argentina. Imagine a world withou... Wut? Argentina had 10 years of recesion, with actual deflation. Inflation is not the norm in the last 30 years.

marianoguerra on Feb 25, 2012 [–]

that's because at that time the goverment tied the peso value to the dollar by law.

http://en.wikipedia.org/wiki/Argentine_Currency_Board

roderik on Feb 25, 2012 | [–]

yes

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