How Argentina made $33B from simple accounting change

A little-noticed decision by policy makers late last year to change the way they value government bond holdings transformed the central bank’s balance sheet overnight, turning what had been a net worth of negative $2 billion into positive $33 billion.

I know economists and policy makers will be interested in learning how Argentina did this.

Author: OzoIgboNdu1 of Igbo Defender

I am Igbo prince. Onye Igbo ka m bu!

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