The "What is Money?" Show cover image

"What is Money?" in Argentina with Ariel Aguilar (WiM387)

The "What is Money?" Show

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The Destructive Effects of Corruption and Regulation: Lessons from Argentina

This chapter explores the use of the US dollar in Argentina, the emergence of a black market rate known as the blue dollar, and the exploitation of the gap between official and black market rates. It delves into the destructive effects of corruption on social cohesion, the manipulation of exchange rates and bonds by politicians, and the need to eliminate regulations for unbiased influence. The chapter also touches upon inflation, the influence of liberal ideology in Argentina, and the Bitcoin ETA project.

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