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"What is Money?" in Argentina with Ariel Aguilar (WiM387)
The "What is Money?" Show
The Corralito: A Financial Crisis and Method of Protest
The president hired the Minister of Economy to come up with a plan to trap people's money in the banking system, called the corralito. People could only withdraw $250 per week and were charged taxes on transfers. This caused riots and protests, with people hitting pans in their homes to spread the protest throughout the country.
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