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Argentina's Milei Devalues Peso by 54%

17 pointsby oumua_don17over 1 year ago

2 comments

hobbescotchover 1 year ago
Although his style would seem off putting, I would not discount him so readily. He is an economist with many published papers under his belt and has worked for the WEF. Whatever happens, hope the outcome is positive for Argentinians.<p>Edit: bio from WEF website<p>Licentiate in Economics, Universidad de Belgrano, Argentina; two Master&#x27;s in Economics, Universidad Torcuato Di Tella and CEDES&#x2F;IDES. Former: Head Economist, Estudio Broda and Máxima AFJP; Senior Economist, HSBC, Argentina; Adviser of the Argentine Government, ICSID. Currently, Head Economist, Corporación América. B-20&#x2F;G-20 Adviser and Member, Group of Economic Policy, ICC&#x2F;G-20. Since 2012, leads the division of Economic Studies, Fundación Acordar, a think tank of national scope. For more than 20 years, University Professor of Macroeconomics, Economics of Growth, Microeconomics and Mathematics for Economists. Has written over 50 academic papers.
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xiphias2over 1 year ago
Allowing real flow of capital between Peso and USD necessitated an honest starting exchange rate.
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