Instead of selling his soybeans for devalued pesos, Gustavo Tione exchanged 30 tons of soy for about 8,000 liters of diesel from the state-run oil company. This is just one example of a growing barter economy in Argentina as a 24% inflation rate rapidly erodes the value of the country’s currency. As Bloomberg reports, the […]
Faced With Rampant Inflation, Argentines Turn to Barter
from SchiffGold.com http://ift.tt/2uhNovL