Why Argentina’s dollarization is likely to come in sudden, messy ways

30 Nov 2023 Leave a comment

by Jim Rose in budget deficits, business cycles, currency unions, development economics, fiscal policy, growth disasters, macroeconomics, monetary economics Tags: ,

Yes, I do still favor it, but here is part of the problem, as I explain in my latest Bloomberg column: The simplest way for Argentina to dollarize would be to inflate the peso even more. For purposes of argument, imagine a peso inflation rate of one billion percent a year. Pesos would be worthless, […]

Why Argentina’s dollarization is likely to come in sudden, messy ways

A Libertarian Landslide in Argentina

21 Nov 2023 Leave a comment

by Jim Rose in development economics, economic history, growth disasters, liberalism, libertarianism, macroeconomics, Marxist economics, monetary economics Tags: ,

After a libertarian candidate took first place in Argentina’s presidential primary back in August, I wrote that the runoff would be the most important election of 2023 (even more important than the fortunately failed referendum to weaken TABOR in Colorado). Amazingly, Argentinian voters opted for the libertarian by a strong 56-44 margin. To understand President-Elect […]

A Libertarian Landslide in Argentina

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