Understanding Argentina's Inflation Crisis

This chapter explores Argentina's ongoing inflation issues, focusing on its chronic overspending and contrasting it with the economic strategies of other countries like the U.S. The discussion includes the challenges posed by Argentina's foreign debt and the complexities of its resource economy, highlighting issues of land ownership and government corruption. Ultimately, it argues for a coherent national framework to foster economic growth amidst historical and structural challenges.

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For this episode, Noah Smith and Erik Torenberg are joined by Sebastian Bensusan, an Argentinian engineer, to discuss Argentina's unique inflation problem, its agricultural and mining sectors, dollarization, voting patterns, and more. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.

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We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.

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Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co

LINKS:

- Sebastian Bensusan's blog: https://blog.sbensu.com/

- Noahpinion on Substack: https://www.noahpinion.blog/

- Noah Smith, "Argentina's macroeconomic situation is even worse up close" on Substack: https://www.noahpinion.blog/p/argentinas-macroeconomic-situation

X / TWITTER:

@noahpinion (Noah)

@sebasbensu (Sebastian)

@eriktorenberg (Erik)

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(00:55) Episode Preview

(03:25) Argentina's Economy & Industries