The Deputy Governor of the BCRA, Vladimir Werning, gave the opening address and delivered the presentation titled “Consensus on Past Outcomes, Analysis of Current Dynamics, and Reflections on Future Fundamentals” at the 47th IAEF Annual Congress, held in Iguazú, Misiones, on Thursday, September 3.
AGENDA
I. CONSENSUS ON PAST OUTCOMES
The myth of money illusion: Empirical evidence contradicts the notion that “a little inflation is not a big deal”
The truth about the inflation tax: Between 2003-23 the State confiscated USD390 billion from Argentine families
II. ANALYSIS OF CURRENT DYNAMICS
Current monetary management: Monetary prudence, foreign exchange surplus, and credit cycle
Progress of structural reforms: BCRA Charter, USD credit, mortgage funding, and strengthening guarantees
III. REFLECTIONS ON FUTURE FUNDAMENTALS
Economic sustainability in context: 5 decisive results despite 5 significant shocks
Economic consolidation and comparative experiences: The progress of the stabilization program
Address by the Deputy Governor of the BCRA at the 47th IAEF Annual Congress (PDF)
