Lars Christensen cites MercoPress on hyper-inflation in Argentina:
Because of inflation, people collect their salaries and rush to turn them into foreign currency”, added the money traders…
He observes:
The collapse of the peso should be no surprise to anybody who have studied Milton Friedman. Unfortunately Argentina’s central bank governor Mercedes Marcó del Pont hates Milton Friedman, but she loves printing money to finance public spending.
Read more at Blame del Pont for the nightmarish rise in Argentine inflation | The Market Monetarist.