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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.
3 responses to “How Argentina made $33B from simple accounting change”
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Yes, I agry with you they will definitely learn how Argentina did it for sure
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Nice 1
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Abi?
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