“It is always a pleasure to visit Argentina. It is a country where economic disaster stories are daily life….where economists’ daffy theories are government policy…and where everyday citizens have to figure out how to deal with a monetary system that is half-mad…and half merely incompetent. When we are here, we need to spend pesos…especially out in the country, where people’s math skills are not as well developed as they are in Buenos Aires. But any serious purchase – say, if you’re buying an apartment – requires dollars…either on top of the table or underneath it. So, you have to be prepared.”

http://www.equitymaster.com/dailyreckoning/detail.asp?date=04/18/2013&story=5&title=Argentinas-monetary-and-economic-mismanagement

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