Por Miguel A. Kiguel
Todos sabemos cómo funciona el cepo, y hemos aprendido a vivir con tasas de interés reales negativas, a usar el dólar Contado con Liqui para eludir los controles...
A Great Challenge for the Central Bank
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A Great Challenge for the Central Bank
Fifth week
April 2020
The Government is trying to mitigate the social and economic crisis using two strategies. On the one hand, increasing public expenditure (especially via subsidies to the poorest and increasing expenditure in healthcare). On the other, with credit policies to help businesses pay salaries, preventing the chain of payments from breaking. These policies, which are necessary and urgent, imply greater fiscal deficit and monetary assistance. Which are the risks of taking these measures?
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