The Turkish lira has depreciated against the dollar by 58% in less than a year while the Argentine peso has remained fixed at parity to the dollar.

FORBES: The hoodwinkers

An investor who purchased stocks one year after the 1997 Thai baht devaluation, 1997 Indonesian rupiah devaluation or 2002 Argentine peso devaluation would have more than doubled his money during the ensuing 12 months in each instance.

FORBES: Give Creative Destruction A Chance

Even though the Peso lost about 75% of its value and caused a brief bout with high inflation, the Argentine central bank did not have to monetize its debt.

FORBES: Europe's Solution Isn't More Inflation