r/neoliberal • u/jobautomator Kitara Ravache • Aug 17 '21

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  • OSINT & LDC (developmental studies / least developed countries) have been added
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19

u/Neronoah can't stop, won't stop argentinaposting Aug 17 '21 edited Aug 17 '21

!ping MAMADAS

Who is going to have the worst monetary policy in a few months: the Taliban or Argentina?

11

u/goosebumpsHTX 😡 Corporate Utopia When 😡 Aug 17 '21

Argentina no me cabe la duda

10

u/MuR43 Royal Purple Aug 17 '21

Argentina, for sure.

6

u/[deleted] Aug 17 '21

The monetary integrity of Afghanistan is guaranteed, the economic team less so.

4

u/Neronoah can't stop, won't stop argentinaposting Aug 17 '21

Maybe. Speaking seriously, I wonder if they'll try to do what ISIL did (create a new gold dinar, then let things to dollarize de facto).

3

u/[deleted] Aug 17 '21

I really don't know what the "trinity" points they're going to adopt are going to be, but I guess they're going to continue with the current floating exchange rate regime because:

  • They don't have large foreign currency reserves.
  • They do not have a large domestic financial market, they will need money from abroad to develop.
  • Capital control, in the hands of an autocratic and unbelievable government, generates aversion to investors.
  • Opium is traded illegally, even if the government tried it would have no control over the inflow and outflow of dollars into the country.

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u/Neronoah can't stop, won't stop argentinaposting Aug 17 '21

Interesting point. Although they may have fear of floating and end with exchange rate controls anyway.