On Tuesday, May 7, 2002, at 12:11 PM, William B. Ryan wrote:
The Argentines should immediately take control of the situation and work out the details of contractual settlement with their international creditors and internal bankers later. Argentina is after all a sovereign nation. It should begin acting like one. They should immediately print enough government issued banknotes to allow anyone to withdraw his deposits to do so, denominated of course in pesos, not dollars. Emergency aid checks to the people should go out immediately. People are presently denied the money to conclude even the simplest of transactions. They should immediately take control of foreign trade, not disallowing trade but rationalizing its financial aspect, in much the same manner that the old Soviet Union dealt with its trading partners.
The domestic market can be jump started immediately.
How do you control the fact that people do not want pesos but dollars?
Mariano Féliz
- Re: Income tax and employment, Henry Schappach Mon 06 May 2002, 19:26 GMT
- Re: Income tax and employment, J. Barkley Rosser, Jr. Tue 07 May 2002, 19:05 GMT
- Re: Income tax and employment, John Gelles Wed 08 May 2002, 00:08 GMT
- <Possible follow-up(s)>
- Re: Income tax and employment, William B. Ryan Tue 07 May 2002, 14:41 GMT
- Re: Income tax and employment, marianfeliz Wed 22 May 2002, 21:20 GMT
- Re: Income tax and employment, Esteban Perez Tue 07 May 2002, 16:11 GMT
- Re: Income tax and employment, Esteban Perez Tue 07 May 2002, 20:37 GMT
- Re: Income tax and employment, Paul Davidson Wed 08 May 2002, 12:55 GMT
- Re: Income tax and employment, Forstater, Mathew Wed 08 May 2002, 15:20 GMT