In this special episode of Economics Matters -- the Podcast, I discuss South America's generally dreadful economic status with two former classmates and lifetime friends -- Sebastian Piñera and Domingo Cavallo. But our primary focus is on just-elected Argentine President Milei's plan to dollarize the Argentine peso. There are no two people on the planet better suited to discuss these topics. President Piñera was elected twice to Chile's presidency. And Minister Cavallo, served twice as Argentina's Economics Minister, is responsible for pegging the peso on a one-to-one basis with the dollar during the Menem Presidency. This is as close as Argentina has gotten to dollarizing. But it falls short of President Milei's aspiration. Do listen/watch this podcast with two brilliant leaders who remain strongly optimistic about South America's economic rebirth and President Milei's potential to end Argentina's worsening economic misery. Here are our guests Wiki bios:
So glad you tracked down Domingo Cavallo. I have immense respect for his intellect. Negotiated the YPF IPO pricing with him.