Friday, June 8, 2012

Argentines Dollarize

With the economic craziness being perpetrated by Argentine President Cristina Fernandez, her citizens are rushing to put their wealth in dollars. No kidding.

That action is standard practice in this home of economic self-immolation. Before you believe the dollar is in trouble, see a Reuters article about this absolutely typical Argentine rush to a safe-haven currency - our dollar. It's nice somebody loves us, or at least our currency.