💨 Abstract

Economist Carlos Melconian discussed Argentina's recent economic measures on Regreso CNN, praising simplified banking information rules, but criticizing the lack of accompanying tax and currency laws which haven't defined the penalties for evasion. The result may not lead to significant dollar monetization, at least based on the current conditions. He explained the underlying issues, including the country's history of economic instability and lack of credit.

Courtesy: WTOP Staff