Bill Bonner: American grifters

BillBonner

“Here on the pampas, on the other hand, the Argentinians know better. Their brains have been sharpened by adversity and enlarged by necessity. They know they’re getting ripped off by the government. They find ways to protect themselves. ‘There are invoices, and there are invoices. You can get an invoice at the official rate, or one at the unofficial rate. Or one that is not at any rate at all. A, B, or C. The government rigs the system to cheat us; we rig it right back. You just have to make sure you have the right invoice for the right transaction. At the end of the year, people buy and sell invoices.  Everybody’s got a trick or two. You have to. Otherwise, you’re a sap.'”

http://www.moneyweek.com/news-and-charts/economics/us/bill-bonner-american-grifters-63800

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