In recent days, following a note of criticism of Argentina, the debate heated up about the value of the dollar. Frenkel and Ferrer, two icons of heterodoxy, say in the note that the dollar should be more expensive to curb capital flight, and, incidentally, campfire activity. Understandable.
blogger after a cross from Maxi Artemio and Montenegro in the topic (you can go here and here), Rollo , to whom I may be accused of many things but not being a maverick strain, leaving aside the subtleties and very clearly said that letting the dollar fall (or, put another way, to appreciate the weight) to improve the fairness of the economy "is a policy of wankers ". Great.
already a man of Techint, economist Vincent Donato, said months ago that devaluation was a demonstration of failure. The failure to be implemented, not implemented, never think to implement, this list of policies which Rollo talks which are the structural effect on income distribution. Or on competitiveness, which would stop speaking if it is important to devalue or not, or at least not let the central theme. But everything always goes through the green. And that will never stop going through the green.
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