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ABC News
ABC News
Business

How Argentina went from one of the world's richest nations to 100 per cent inflation, with 'mountains of money worth nothing'

Inflation is so high in Argentina that bundles of bank notes are needed to make even small purchases.  (Supplied: Kristopher Perry)

Few people know what $US220,000 ($334,200) in cash looks like. Ana does.

She showed up with a backpack of her life savings to buy the land for her house in Patagonia in Argentina.

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