With each passing week the feeling that the Argentine economy is approaching the one we experienced in the eighties cannot be avoided. It does not mean that the situation will be exactly the same nor...
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.