Larry Holmes Quotes
I think gambling can be a good thing if you don't take it too seriously. Take it and have fun with it, and don't lose what you can't afford to lose.
Holmes, Larry. Interview. Casino Player Magazine, 2001.
The military had made a mess of the Argentine economy and inflation was rampant. Some Argentines turned their Argentine pesos into dollars betting that the Argentine economic situation would get worse, This run from the peso would make it worse. If Argentina stabilized the peso, speculators in dollars would lose money. The Minister trying to discourage a run from the peso, warned Argentinians against the dollar investment. A days later the dollar went up over 30%. Those who had listened to the minister lost much of their money, He was soon forced to resign by the military dictators who controlled the government.
Larry Holmes is an American former professional boxer who competed from 1973 to 2002. He grew up in Easton, Pennsylvania, which gave birth to his boxing nickname of "The Easton Assassin".