By Libertad y Progreso, courtesy of Ámbito Financiero “Whoever bets on the dollar loses.” This famous phrase was said by former Minister of Economy Lorenzo Sigaut in 1981, to try to convince Argentines to stop saving in dollars. As expected, reality prevailed with an exchange rate escalation. Today the BCRA is […]
Tag: capital controls
“Escape the crisis by growing” is a myth
By Natalia Motyl, courtesy of Ámbito Financiero and Libertad y Progreso Many politicians and professional colleagues declare that to get out of the crisis you have to grow. Which up to a point is obvious. That is why we have to transform the premise “you get out of the crisis by growing” […]
How can populism govern without money?
By Agustín Etchebarne, Director, Libertad y Progresso Originally published in Ambito Financiero. Courtesy of Libertad y Progresso. The uncertainty generated by the possible triumph of the Peronist Fernández-Fernández ticket in Argentina is big and impossible to dismiss at the moment. Naturally, the markets […]