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 monetary base is growing 40% per year
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The monetary base is growing 40% per year
Third week
May 2011
On average in the last 30 days, the monetary base grew 40.1% y/y, the fastest growth rate in 8 years.
Total M2 is growing 35.7%, private M2 is growing 39.6%. The Central Bank’s stock of Lebacs and Nobacs increased AR$ 32.8 billion in the last year and is already 40% of international reserves.
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