The author of “The Bitcoin Standard,” Saifedean Ammous, has challenged narratives suggesting Argentina is undergoing an economic miracle under its current reforms. In a recent commentary, Ammous emphasized that while the country’s aggressive deregulation and dollarization efforts have generated optimism, they do not yet constitute a turnaround backed by sustainable macroeconomic stability. He warned that eliminating price controls and subsidies without securing fiscal discipline could lead to renewed volatility. Ammous pointed out that inflation expectations remain elevated and that confidence in the peso continues to erode, despite government efforts to promote alternative currencies like Bitcoin for savings and transactions. While acknowledging the potential long-term benefits of reducing state intervention, he cautioned against premature celebration, noting that structural reforms take years to yield measurable results. The economist stressed that true economic recovery requires not just policy shifts but consistent institutional credibility, which Argentina has yet to fully restore.
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Autor de “El Patrón Bitcoin” Desmiente Afirmaciones de un Milagro Económico en Argentina
Autor de “El Patrón Bitcoin” Desmiente Afirmaciones de un Milagro Económico en Argentina Bitcoin.com News