#200 – Float to appreciate or accumulate reserves?
Between the electoral narrative and the IMFs fine print With USD13.500 billion in disbursements from the IMF and…
#199 – Miracle o Mirage?
Fiscal and exchange anchor with restrictions and no external credit The collapse in the inflation rate (from 25%…
#198 – The return to the credit market in an election year
Fiscal, financial, and monetary program with capital controls Argentine history seeks to escape the noise coming from abroad,…
197 – Carry Forever… a month and a half later
Oxymoron or Regimen Change? In mid-October, we published our latest report with a provocative title: “Carry Forever” and…
#196 – Carry forever
Is this time any different? In October, the planets aligned. The BCRA (Central Bank of Argentina) returned to…
#195 – The zero deficit is non-negotiable: Does it work?
Objective, Subjective, and Intersubjective Reality (the Narrative) The release of the 2025 budget by the President in Congress…
#194 – Again, the question is: will they make it?
Trump, RIGI, tax amnesty to offset the drop in reserves Seven months after the program began: 1) the…