Hi,
Hyperinflation is a permanent problem in Argentina. It's not new, it's something you expect when working/investing in Argentina.
Stories I have heard (to be confirmed by other hotcopper members):
- Most business is done in US$, i expect the same for AGY.
- Cause of Hyperinflation: Most people work in Buenos Aires, due to past inflation, they take their paychecks to Uruguay on a massive basis, causing the currency to drop, thus causing inflation.
So yes, there is hyperinflation in Argentina, No I don't think it's a problem as Lithium-deals are done in US$.
Argentina hyper-inflation?, page-2
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