Who’s Killing the Peso in Buenos Aires?
Until recently, stable money and sound banking were the two pillars of an otherwise weak Argentine republic. As Argentina confronts …
Read MoreIt’s Not Too Late to Dollarize in Argentina
The most recent arguments against full dollarization at an exchange rate of 1 peso = 1 dollar are based on …
Read MoreArgentina’s Blunders
Devaluing the peso would require Argentina to flout the rule of law and abrogate property rights. It would be both …
Read MoreMay The Best Currency Win
Who needs the Maastricht tests? Poland can’t yet pass them to join Europe’s monetary union. But it could have Citigroup …
Read MoreArgentine Plunder
Currency devaluations, particularly in emerging market countries, have been a common occurrence during the past decade. Since 1995, the currencies …
Read MoreDon’t Give ‘em a Cent
Many people — including economists who should know better — claim the crux of the Argentine crisis was an overvalued …
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