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...
The World´s Economy Is More Complex Than What the Market Believes
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The World´s Economy Is More Complex Than What the Market Believes
Fifth week
April 2022
The world economy is getting complicated. Those who gambled in 2021 that the rise in inflation was going to be temporary, exacerbated by the consequences of the pandemic on some markets such as microprocessors, have been losing in considerable amounts. This year inflation did not only not go down, but it accelerated everywhere until it reached worrying levels. In almost all developed markets it is bordering on double digits. The United States is at 8.5% year-on-year in March. Spain at 8.4% and Germany at 7.4% in April. While the wholesale inflation rates in Europe seem like Argentines. France at 26%, Spain 46%, Germany 30.9%, just to mention a few examples.
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