Sabri Beneshore

Joining the discussion are Sabri Beneshore, a Marketplace reporter specializing in foreign exchange, and Mariana Mazzucato, a renowned economist and director at UCL. They explore why the U.S. is investing $20 billion in Argentine pesos to counter inflation before the election of ally Javier Milei. Delve into the mechanics of currency swaps, the risks associated with lending to Argentina, and the implications of U.S. state capitalism. Mazzucato also highlights the importance of government equity in fostering innovation and ensuring long-term economic competitiveness.