Argentina. The truce is over: The peso cannot survive a destructive monetary policy

(This article has been published in Spanish here) The government of Mauricio Macri lived a week of apparent tranquillity, but the resignation of Luis Caputo as President of the Central Bank and a new IMF deal triggered the end of calm. It was essential for the government to understand that these periods of calm are … Continue reading Argentina. The truce is over: The peso cannot survive a destructive monetary policy