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As fears grew that the central bank’s reserves were running out, bond prices plunged. There was only one option left for a desperate government: the printing press. But even that failed. On Friday 28 April Argentina literally ran out of money. ’It’s a physical problem,’ Central Bank Vice President Roberto Eilbaum told a news conference. The mint had literally run out of paper and the printers had gone on strike.  (Niall Ferguson 2008: The Ascent of Money – A Financial History of the World)