Από το βιβλίο της Naomi Klein, "The Shock Doctrine", p.165
Argentina' s experience of how the debt crisis was compounded by these other shocks was, unfortunately, typical. Raul Alfonsin took office in 1983, in the midst of the Volcher Shock, which placed the new government in crisis from day one. In 1985, inflation was so bad that Alfonsin was forced to unveil a brand-new currency, the austral, gambling that a fresh start would allow him to regain control. Within four years, prices had soared so high that massive food riots broke out, and Argentine restaurants were using the currency as wallpaper because it was cheaper than paper. In June 1989, with inflation up to 203 percent that month alone, and five months before his term was set to expire, Alfonsin gave up: he resigned and called early elections.
After the hyperinflation crisis forced Alfonsin to resign, he was replaced by Carlos Menem, a Peronist governor from a small province [...] Argentina had now a president who had run a pro-trade union campaign to revive Juan Peron nationalist economic policies. [...]
After a year in office, and under intense pressure from the IMF, Menem embarked on a defiant course of "voodoo politics". [...] Menem appointed Domingo Cavallo as his economy minister, bringing back to power the junta-era official responsible for bailing out the debts of the corporate sector. His appointment was what economists call "a signal"- an unmistakable indication, in this case, that this government would pick up and continue the corporatist experiment started by the junta. [...] So, to stabilize the money system, Cavallo quickly made massive cuts to public spending and launched another new currency, the Argentine peso, pegged to the U.S. dollar. Within a year, inflation was down to 17.5% and was virtually eliminated a few years later. [...] In the early nineties, the Argentine state sold of the riches of the country so rapidly and so completely that the project far surpassed what had taken place in Chile a decade eatrlier. [...] Menem had an even more brutal phrase for it: in a country still traumatised by mass torture, he called it "major surgery without anaesthetic".