In 1989, inflation rose 5,000 %. In contrast, the U.S. rate of inflation
was a mild 124 %. Under Raul Alfonsin's disastrous six year regime, huge
amounts of paper money were put into circulation, which created economic
instability and chaos. According an article appearing in the March 2002
edition of World Press Review, "A Rich Country Goes Bust Again:"
"(In 1989) prices were readjusted every day. Argentines were getting
rid of their currency like a hot potato."