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Unfortunately, the logic of such turn of events is that Macri, the supposedly pro-business and conservative one, did nothing to contain the deficit, debt and money printing. He has been a total failure just for not confronting the cost of correcting the monetary course.
Donald, I greatly appreciate the historical information and updates regarding Argentina, I hope you keep them coming, thanks.
Sure! I thank you so much for all the research and writing you do about all these topics. Many of us can see what before was obscure and confusing thanks to you work.
This article explain the Argentina monetary policies. Unfortunately, it's only in Portuguese.https://www.mises.org.br/Article.aspx?id=2887 …
But briefly, the heavy taxes are insufficient to finance the growing number of public workers and the tax benefits to companies protected by the government. So the solution is print money, causing uncontrolled inflation.
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