Veronica Rappoport, an associate professor at the London School of Economics and former 2nd Deputy Governor of Argentina's Central Bank, shares insights from her experience during chronic inflation. She discusses why price caps, often proposed as a quick fix, can actually worsen inflation over time. Drawing from Argentina's history, she highlights structural fiscal issues and the pitfalls of government intervention. Amidst challenges, she notes a cautious optimism within Argentina as new political strategies emerge to tackle economic difficulties.