The Wall Street Journal
August 17, 2012
BUENOS AIRES--Argentina's central bank president said Thursday the monetary authority will continue lending money to the federal government and push ahead with its unorthodox approach to dealing with inflation and other economic issues.
Central Bank of Argentina President Mercedes Marco del Pont criticized neoliberal economic policy prescriptions and said it is past time that central banks do more to spur economic growth. She said special interest groups have long exerted too much influence over public policy, encouraging governments to borrow money from the private sector when it would be "healthier" to obtain funding from central banks.
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