Nicolas Cachanosky

Krugman and the Goldbugs

Many economists have strong opinions about the gold standard. Few seem to understand how a gold standard functions.

goldenbricks

Inflation Targeting in Argentina: What Went Wrong?

To reduce inflation and keep the Argentine peso stable going forward, the Macri administration adopted an inflation-targeting regime. But, just 26 months after its implementation in September 2016, the inflation-targeting regime had failed. What went wrong?

variousmonies

Should Argentina Adopt the Dollar?

Argentina has shown itself incapable of managing the money supply appropriately. It would do better by outsourcing its monetary policy.

ArgentinaDollarization

Why Is Country Risk Rising in Argentina?

Argentina has secured an IMF agreement and announced aggressive policies to reduce its fiscal deficit and inflation rate. But that might not be enough to comfort its creditors.

Argentine Risk

What’s Wrong With Argentina?

Argentina has seen a series of currency crises as an excessive reaction to international events and changes in market conditions in the last few months. Argentine monetary policy is largely to blame.

argentina-cry

That Magical Two Percent

Paul Volcker takes issue with the Federal Reserve’s two-percent inflation target. He is right to do so.

MagicalTwoPercent