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I have a close aquaintance from Argentina. She had enough money to go to college in the U.S. The government stole it from her. They stole everybody's money so the government officials could lend tons of money out from the IMF and send it to their swiss bank accounts. When they ran out of money to steal from the IMF they started stealing the money of their own citizens. There own citizens decided that the government could not be trusted and instead decided to trust the U.S government by buying dollars. Soon when people can get their money there will be nothing left to steal and the thieves will have no reason left to govern. If there was nothing to steal they probably wouldn't even show up for work.

We have a number of Argentine friends here in the US. While they were encouraged by the 1-1 dollar convertiblity a few years ago, they did not trust the government. So, while everything was going well, the insisted their respective families still in Argentina convert all of their respective families' non cash assets (save a house/apartment in BA and a country place or two) into cash, moved the cash into dollar accounts, and then made sure the dollar accounts were in US banks in the US, accessable only from the US. They tried to convince others to do the same, but most would not listen.