– January 10, 2014

An Argentine Think Tank, Fundación Libertad y Progreso, has produced a short You Tube video on the causes of price inflation.  It has been viewed over 300,000 times.  You can see it here

Who is to blame for price increases? (in Spanish)

The popularity of the government is suffering as the population is not buying their arguments, shifting the blame to businessmen and the private sector.   Few countries in the world have suffered monetary mismanagement more than Argentina.  Politicians, however, still find it convenient to use this failed policy.   During periods such as the last five years in the US, where monetary emission grew much faster than prices, authorities and observers tend to get overconfident, and continue to fuel the bubble.






Alex Chafuen

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