Hyperinflation and reckless monetary policy could soon devastate the global economy

100 years ago, Argentina was one of the richest places in the world, boasting abundant natural resources, vast open spaces, and a well educated population. Today, however, the country is in disarray, plagued by jarring unemployment levels, historic poverty, and disheveled urban centers.

What caused this profound change? It's simple: Argentina's leaders engaged in decades of rampant reckless monetary policy, devaluing their national currency and creating unsustainable levels of hyperinflation. America's leaders have spent this century doing the exact same thing, and if they don't change course soon, we may face the same fate as Argentina.