Nicolás Cachanosky
Some Questions Regarding the FedNow Project
The Federal Reserve has announced its commitment to developing its own round-the-clock real-time payments service. The FedNow Service promises to clear a transfer between U.S. banks in mere seconds — […]
The IMF and Argentina: Same Dance, Same Results
Aid from the IMF and other organizations might even make matters worse by shielding policy makers from the consequences of their policies.
Krugman and the Goldbugs
Many economists have strong opinions about the gold standard. Few seem to understand how a gold standard functions.
Here’s What Wrong With Bernie’s Plan to Eliminate Student Loan Debt
If we want to get serious about the student loan problem, we should focus less on the point of repayment and more on the point of origination.
Should Argentina Dollarize Now?
Let’s hope other Argentinian economists give this proposal serious consideration.
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?
What Should Modern Monetary Theory Learn From Argentina?
Can governments run large fiscal deficits financed with new money without generating significant inflation? The experience of Argentina calls this view into doubt.
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.
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.
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.
