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@ Layer3.news
2025-02-26 22:19:49
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CURRENCY DELAY: SOMETHING MORE FOR A SCRATCHED DISC
https://www.clarin.com/img/2025/02/26/soSvOmZG9_2000x1500__1.jpg
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✍️ Argentine President Milei's article argues that the country's economy is overvalued and that the government's response to the issue is inadequate, citing the need for structural reforms.
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👉 The Argentine peso is overvalued and has negative consequences for businesses and employment.
👉 The government's response to the issue, including reducing regulations and taxes, is insufficient and inconsistent with the current economic policy.
👉 The "carry trade" approach to financing the exchange rate delay is risky and may lead to a debt crisis.
👉 The government should adopt a more prudent approach, such as buying back excess dollars with local currency and creating a "Fondo País" to protect against commodity price fluctuations.
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#Milei,LuisRappoport #Argentina #EE.UU. #Europa #Israel #Japón #China #India #politics
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