“You’re fired!” Part 3(the last one)


At last there is an end to the stormy story of a governor of central bank in Argentina. Mr Redrado decided to quit his job few days ago, and thus he accepted the status quo that Argentina does not have an independent central bank.

This story would just end with this sad finale if only Redrado was allowed to quit. Officials in Argentina, again, didn’t let him make his own decision because they said, Mr Redrado was already fired, hence he cannot quit.

Sad, very sad.

I wonder what kind of economic and international consequences (if any) this is going to bring.

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About bzik2

A beginning central banker with a twist
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