HistoPol (#HP) 🥥 🌴 (histopol@mastodon.social)'s status on Wednesday, 13-Dec-2023 17:20:39 JST

@dw

(1/2)

Déjà-vu, anyone?

https://c.im/@dw/111572051961247654

#Argentine #CurrencyBoard system and its consequences of the peso's peg to the #USD--the shape of things to come again?

"Unemployment increased from 6.1% in 1991 to 15% in 2000 as the fixed exchange rate increased foreign price competition and forced local firms to invest in more advanced technologies that required less labor and higher productivity."

"Income...

@mina
@energiepirat
@SilviaMarton