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Argentines Sidestep Cash With E-Banking

A guy named Doug writes: "It sounds like Argentina has found a way to avoid economic collapse. People are not allowed to take too much cash out of their bank account during a specified period of time. But more important, they are still able to carry on important transactions using electronic funds transfers. Argentines can spend as much money as they want through electronic transactions, but are unable to strip their banks of cash as happened after the 1929 stock market crash. Sure, this won't stop an economic depression from occuring but it is certainly one way of slowing the process and allowing for some stability to catch hold before a panic ensues."

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