Increase of the official dollar, compared to the official CFK dollar, in 46 months: (+546.33%)
The dollar Cash with settlement (CCL) was: $79.62.
Increase compared to CFK’s parallel dollar in 46 months: (+430.80%)
The Dollar Bag was: $75.11.
Increase compared to the CFK parallel in 46 months: (+400.73%)
The blue dollar was $69.75.
Increase compared to CFK blue in 46 months: (+365%)
The CCL dollar was $79.62.
Increase compared to the unified Prat Gay dollar in 45 months: (+494.18)
The Dollar Bag was $75.11.
Increase compared to the unified Prat Gay dollar in 45 months: (+460.52%)
The blue dollar was $69.75.
Increase compared to the unified Prat Gay dollar in 45 months: (+420.52%)
The $15 CFK parallel dollar.
Increase compared to Duhalde dollar in 144 months: (+275%)
The official CFK dollar of $9.80.
Increase compared to Duhalde dollar in 144 months: (+145%)
The dollar Duhalde asymmetric pesification of $1.40
The free dollar end Duhalde of $4
The official Menem dollar of $1
Increase in the dollar asymmetric pesification Duhalde, compared to the Menem dollar, in 124 months: (+40%)
Increase of the Duhalde free dollar, compared to the official Menem dollar, in 148 months: (+300%)
The BCRA should have declared an exchange and banking holiday to avoid the growing stampede that continued to plague the economy, harming those who remained with their income and savings in pesos. We were appalled by the paralysis of the government.
It was necessary to stop the run, until politics returned. The government had a chance to stop its own super record.
It was even convenient for him to prevent the mess from continuing to produce voter defections. It was incredible that the BCRA did not find a way to capitalize on its own experiences.
Analyzing three decades, we were witnessing an absolute record. Examining forty-six, or twenty months; With the exception of Caputo, the BCRA had had presidents and directors who didn’t ask too many questions. The rest was absolutely subdued. Scholars, who “knew a lot of economics” not verifiablethey took as insurance, arguments that do not have a well-constructed conceptual apparatus, which had been of little use and very burdensome to the Argentines.
Everyone on the “best team of the last 50 years” only understood academic or corporate frames of reference, of taking orders without thinking outside the box. We had officials trained abroad to accept non-existent assumptions, without question. It is not known how we Argentines allow this worship of content that looks correct, whose results have nothing to do with reality, to continue to compromise us.
Teachers know that you can get a good grade on an exam, having barely understood a subject. Education is not absorbing information and repeating it. That is indoctrination, they all belonged to the great congregation. Very expensive studies in universities with extraordinary marketing, which promote conformity, the status quo and the low self-esteem of Argentines.
The purpose of education is to teach people how to learn more for themselves, not to dogmatically indoctrinate them. We did not need the best student, nor the Messi of finance. We needed thatcoming out of blind discipline, will question and investigate the Argentine case, discover how to stop a currency run.
History will remember the three presidents of the BCRAto how pperpetual anti heroes. Schematic and predictable, they supported an orgy of currency evaporation never seen before. Once again in a year and a half, they returned in October 2019 to put the exchange market on the edge of the cornice.
Indolent, as well as bungling; they were going to leave us in selective defaultwith a bomb of maturities for the first semester 2020, Leliq’s GrenadesBCRA with very low reserves and, a country no international credit, confronting us with the multilateral credit organizations. To complete the picture, the relationship debt/GDPmore than had doubled, in the midst of a real economy that did not stop falling. Macri left 40% poverty and 43 companies closed per day, 1761 accumulated bankruptcies in 4 years in CABA and the provinces of Cordoba and Buenos Aires, according to the official bulletins of the 3 jurisdictions. The social situation worsened every day.
Director of the Hope Foundation. https://fundacionesperanza.com.ar/ Graduate Professor UBA and Masters in private universities. Master in International Economic Policy, Doctor in Political Science, author of 6 books
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
