News for hackers. Stuff that matters.

A comment on Estonia clocks fastest inflation in the Eurozone at 20.1 percent. Parent comment

Re:Estonia clocks fastest inflation in the Eurozone at 20.1 ... by smnrchrds on Wednesday June 08, 2022 @01:58PM (#31671467)
If everyone sells their currency to but dollars, the currency loses even more value faster compared to dollars, so currency controls are put in place, like Argentina did for a while:

https://en.wikipedia.org/wiki/Argentine_currency_controls_(2...

[ Parent | on HN ]
Re:Estonia clocks fastest inflation in the Eurozone at 20.1 ... by GFischer on Thursday June 09, 2022 @05:18PM (#31687027)
What do you mean "for a while", Argentina has currency controls TODAY.

https://www.bloomberg.com/news/articles/2021-11-25/argentina...

[ Parent | on HN ]
Re:Estonia clocks fastest inflation in the Eurozone at 20.1 ... by smnrchrds on Friday June 10, 2022 @10:38AM (#31694841)
It used to have currency controls. It still does, but it used to too.
[ Parent | on HN ]