Nicolas Cachanosky

  • Beware of Conflict Theories of Inflation

    “This perspective emphasizes that social conflicts are the central cause of inflationary pressures. The Marxist undertones of CTIs suggest that inflation results from social injustice, implying a moral imperative for government intervention to right the supposed wrongs.” ~Nicolás Cachanosky

    Beware of Conflict Theories of Inflation
  • Milei’s New Monetary Regime for Argentina

    “Despite its controversial nature, full dollarization remains the monetary regime with the most potential for long-term stability in Argentina. It offers a credible pathway to restore confidence and put the country back on a sustainable economic trajectory.” ~Nicolás Cachanosky

    Milei’s New Monetary Regime for Argentina
  • Milei’s New Monetary Regime for Argentina

    “Despite its controversial nature, full dollarization remains the monetary regime with the most potential for long-term stability in Argentina. It offers a credible pathway to restore confidence and put the country back on a sustainable economic trajectory.” ~Nicolás Cachanosky

    Milei’s New Monetary Regime for Argentina
  • CBDC Ban Does Little to Bolster Financial Privacy

    “The battle for safeguarding individual rights over financial information and freedom from undue government control must encompass all forms of financial transactions, whether digital or physical.” ~Nicolás Cachanosky

    CBDC Ban Does Little to Bolster Financial Privacy
  • Politicizing Monetary Policy Won’t Fix the Fed’s Failings

    “Even if one thinks Trump is well-suited to make interest rate decisions (and there is little reason to think he is), it does not follow that Trump’s proposed solution would improve monetary policy.” ~Nicolás Cachanosky

    Politicizing Monetary Policy Won’t Fix the Fed’s Failings
  • Is Argentine Disinflation Sustainable?

    “Milei’s lack of political support in Congress adds to the uncertainty surrounding his ability to successfully pass deregulatory reforms… it is premature to declare victory on the fiscal and inflationary fronts in Argentina.” ~Nicolás Cachanosky

    Is Argentine Disinflation Sustainable?
  • Fact-Checking “Greedflation”

    “By fueling an overall increase in demand, central banks can generate a sustained increase in the general level of prices — inflation. Central banks are the primary source of money creation, not firms.” ~Nicolás Cachanosky

    Fact-Checking “Greedflation”
  • Does Argentina Have Enough Dollars to Dollarize?

    “It’s not that Argentina lacks dollars. Rather, it is that the Argentine government lacks the will to commit to its dollarization plan.” ~Nicolás Cachanosky

    Does Argentina Have Enough Dollars to Dollarize?
  • Dollarization in Argentina: A Missed Opportunity

    “The delayed implementation of dollarization in Argentina presents challenges that could have been avoided had Milei honored his promise to abandon the peso straightaway.” ~Nicolás Cachanosky

    Dollarization in Argentina: A Missed Opportunity
  • The Fed Says Its Record Losses Don’t Matter

    “While not a groundbreaking revelation for any central bank, the lack of concern about the economic and institutional implications of monetizing financial obligations is cause for concern.” ~Nicolas Cachanosky

    The Fed Says Its Record Losses Don’t Matter