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Argentina Faces Brutally High Inflation Rates Again - President Charged For Manipulating Currency

1,743 views · Published 17 June 2016 · 16:24 · Indexed 8 November 2026

Channel: World Alternative Media · 2016 · People & Blogs

Josh Sigurdson and author and economic analyst John Sneisen talk about the chaos taking hold of Argentina's monetary system as inflation rates skyrocket once again bordering on hyperinflation.
This is nothing new to Argentina as the country has seen massive inflation and devaluation of their dollar through the 40s, 60s, 70s, 80s and early 2000s. Now President Cristina Fernandez de Kirchner is being charged for manipulating the dollar and could face several years in prison.
This is just one of countless examples that prove socialist, centrally planned economies always fail. The more the central bank prints, the more debt is accumulated, the higher the taxes, the more difficult it becomes to afford things as prices inflate and thus the people suffer.
When will people realize that printing money out of thin air and creating massive amounts of debt become a vast detriment to society? When will people realize that manipulating currency, manipulating the markets and creating monopolies at the hand of government only creates the problems that these socialist governments claim to want to solve? When will people realize that making the same mistake over and over again expecting different results is absolutely insane?

The only way to avoid this happening over and over again destroying people's lives and putting people into poverty and danger (for themselves and their children) is by freeing the markets. You will not find people escaping free market countries through barbed wire. Capitalism by definition hasn't existed under the coercion of the state for many many years and corporatism reigns with a false name. Time to smarten up and take action good people.

We will continue to report on this issue as it unfolds alongside Venezuela. This is a global issue and cannot be ignored!

Video edited by Josh Sigurdson

Featuring:
John Thore Stub Sneisen
Josh Sigurdson

Graphics by Bryan Foerster and Josh Sigurdson

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World Alternative Media
2016

"Find the truth, be the change!"