Showing all posts tagged #monetary-policy:

Misreading Milei: The American press can only see Argentina through US-colored glasses

December 12th, 2023

It's been frustrating to see the US coverage of Milei, Argentina's new president. They are deeply misunderstanding (or misrepresenting?) what's going on. It seems the American press can only understand Argentine politics through the lens of the US, whe...

Inside Argentina's currency exchange black markets

September 10th, 2022

In Argentina, your money is worth double if you skip the airport currency exchange and instead go to one of the many black market exchanges hidden throughout Buenos Aires. These illegal exchanges are called "cuevas" (the word for "cave" in Spanish), an...

Inflation propagates unevenly

January 1st, 2022

Inflation hits some parts of the economy harder and faster than others. It's obvious once you say it, and yet the way pundits and academics talk about inflation glosses over this reality. As a result, most people who haven't had direct experience with ...