Paper escrito por Alan Futerman, economista miembro del Consejo Académico de Fundación Libertad. This paper analyses the consequences of controlling exchange rates, in thecontext of a passive money system. We use the administration of José AlfredoMartínez de Hoz at Argentina’s Ministry of Economy in the period 1976–1981,during the last Argentine military dictatorship, as a case … Sigue leyendo Investigación: “Passive money system and control of exchange rates: The case of Argentina 1976–1981”