Nicolás Cachanosky
In 2018, during his first term in office, Donald Trump implemented the “America First” agenda, introducing new tariffs on various imports. These tariffs hit solar panels and washing machines with rates of 30-50 percent, while steel was taxed at 25 percent and aluminum at 10 percent. The tariffs extended beyond China, affecting imports from […]
The issue of peso appreciation in Argentina has been a growing concern since the beginning of the new government. The current monetary policy has chosen a monthly depreciation of 2% of the exchange rate in the face of inflation that has not yet converged to those levels. From the beginning, this spread has raised […]
On the campaign trail, now-President Javier Milei promised to replace Argentina’s peso with the US dollar. But, at least so far, he has failed to deliver on that promise. Instead, Milei has implemented a transition plan with the expectation of eventually establishing a more permanent monetary system, which might be something less than full-scale […]
A country with a unique record of poor policies revealing the damaging effects of price controls has just demonstrated how effective their removal can be. In 2020, the Argentine Congress passed a new rent regulation, promoted by Representative Daniel Lipovetzky (Cambiemos). The “Lipovetzky Law” introduced three major features: it extended the minimum lease term from […]
Javier Lanari, Milei’s Media Sub-Secretary, claimed that Argentina’s annual inflation dropped from 17.0% to 8% in record time. This statement has been heavily promoted by Milei’s administration, likely for political reasons—face-value numbers are easy to market as a success. However, I question the use of these figures, as well as Lanari’s enthusiastic yet premature assertion that […]