Did you know this

In 1989, due to some poor government fiscal and monetary policies, inflation in Argentina rose to 30,000 %. No not 30%, not 300 %, not 3000% but 30,000%. Shops and supermarkets closed down due to the fear that prices may increase at any point of time during the day. This caused riots and other social problems.

This phenomenon was also the turning point for Latin American countries towards globalization and market reforms.