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...
Inflation rose in March, but the economy will still muddle through until the elections
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Inflation rose in March, but the economy will still muddle through until the elections
Abril 2021
It is increasingly clear that the government is taking every economic decision with an eye on the election and that the 4.8% March inflation rate was a disruptive figure and a potential threat. It was totally unexpected, much higher than anyone was projecting. This jeopardized the strategy of avoiding disruptions on the way to the elections. The risks are clear. The parallel exchange rates, wage negotiations and expectations all add momentum to an inflation process that the government is finding difficult to maintain under control.
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