Price Controls: Good Intentions, Bad Outcomes

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Price Controls: Good Intentions, Bad Outcomes

Third week
October 2021

As if Argentina had not been hit with the same stone hundreds of times, the government undertakes a new price control. The number of items in the program called “Precios Cuidados” is increased, and the values are frozen until January 7. Too late to be an electoral plan and too inconsistent to be an anti-inflation plan.