Three interest rate hikes in one week, to 40%, imply the first two didn’t work, and the Central Bank is not in control.
The incredible credibility conundrum.
How do you know when inflation is about 40%?
A collective reckoning? A painful but unavoidable come-to-Jesus moment? Or continuing down an inflationary spiral?
Time, that fickle mistress, is persistently stalking Macri’s administration and is not on his side.
An economic nightmare that’s politically painful to untangle.
What does “Political Manipulation” of Ugly Data add up to?
A dismissive attitude to the suffering of the population.
Non-Transparency Means Corruption.
Twin energy crises at the worst possible time.