3 ms·
Yeah a 97% interest checking or savings account at the local Argentinian bank doesn't sound too bad at all.
by MichaelZuo 4y ago
Yeah a 97% interest checking or savings account at the local Argentinian bank doesn't sound too bad at all.
- costco 3y agoNot when underlying inflation is over 100% and there is severe capital controls. See https://en.wikipedia.org/wiki/Carry_(investment)#Currency https://en.wikipedia.org/wiki/Carry_(investment)#Currency