Tina - for Argentina you are missing a whole lot of history in...

Tina - for Argentina you are missing a whole lot of history in between including the Great Depression, the military coup during WWII, Peronism, various coups d'etat starting in the 50's all the way through to 1983, which included the disappearance of approximately 30,000 people at the hand of the military junta in the late seventies. I lived there in 1981 - during the last years of the military dictatorship. Ther rate of inflation was ridiculous and devaluations were commonplace. The price of goods went up every day. Then when democracy was introduced the Argentinian peso was pegged to the US dollar at a rate of one to one, which was basically the seed of their economic collapse of 2001. So to compare...

Military dictatorship: Argentina, Yes; Australia, No.
State sponsored terrorism: Argentina, Yes; Australia, No.
Artifically inflated currency: Argentina, Yes; Australia, not any more, thanks to Hawke/Keating floating the dollar in the 80's.

In short, I really don't think your comparison stands.