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cover of episode Live from Kilkenomics: financial mistakes

Live from Kilkenomics: financial mistakes

2024/11/12
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Chapters

Martín Lousteau discusses Argentina's radical economic experiment under President Javier Milei, including devaluation, inflation, and the impact on the real economy.
  • President Milei's policies include a 118% devaluation and fixing the exchange rate.
  • Inflation has surged to 25% per month, leading to a real economic recession.
  • IMF praises Milei's resolute actions, but the real economy suffers.

Shownotes Transcript

Each year economists gather in Kilkenny, Ireland for the annual Kilkenomics festival. The guests share stories in pubs and make dark jokes about economics. This year, we joined them, taping two episodes of our podcast in Cleere's Bar & Theatre. In our first instalment, we speak with financial historian Russell Napier and Martín Lousteau, a senator representing the city of Buenos Aires. The topic is financial mistakes. Also we go long anger in politics and short France. 

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