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home / news releases / AGT - When A Country Doesn't Trust Its Own Money


AGT - When A Country Doesn't Trust Its Own Money

According to the great Russian economist Kusnetz, there are four types of economies; developed economies, developing economies, Japan, and Argentina.

In a certain sense, Japan and Argentina are opposite extremes of the same continuum. Japan is desperately trying for years to get the inflation rate to 2%, throwing everything and the kitchen sink at it, with large-scale debt monetization from the BoJ as the main plank. It's not succeeding despite 6 years of efforts.

While Japan probably has the world's most loosest monetary policy, Argentina is likely to have the strictest. Its interest rates are

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Stock Information

Company Name: iShares MSCI Argentina and Global Exposure ETF
Stock Symbol: AGT
Market: NYSE

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