Lorenzo Sigaut Explained

Lorenzo Juan Sigaut (born 6 June 1933) is an Argentine economist.

Minister of Economy

He served as Minister of Economy of Argentina from April to December 1981, during the dictatorship of Roberto Eduardo Viola.^[1]

His term in office was marked by high inflation, external debt crisis and capital flight, that provoked an economic crisis which resulted in his replacement by Roberto Alemann.

His infamous quote "Anybody who bets on the dollar will lose" (El que apueste al dólar perderá), referring to those who had savings in United States dollars, became the laughing stock of Argentine economists for decades.^{[2] [3] [4]}

Bibliography

• Book: Gerchunoff, Pablo. Llach, Juan. El ciclo de la ilusión y el desencanto: un siglo de políticas económicas argentinas. 1998. Buenos Aires. Ariel. 373–379. 950-9122-57-2.

Notes and References

1. http://www.elpais.com/articulo/economia/ARGENTINA/BANCO_INTERAMERICANO_DE_DESARROLLO/DESAPARECIDOS_Y_DICTADURA_MILITAR_/1976-1982/nueva/politica/economica/argentina/basa/modificacion/esquema/cambios/moneda/elpepieco/19810408elpepieco_11/Tes/ La nueva política económica argentina se basa en la modificación del esquema de cambios de la moneda. Según Lorenzo Sigaut, el nuevo ministro de Economía
2. Web site: Un peso no era igual a un dólar. 2021-05-12. www.elesquiu.com. es.
3. Web site: 2018-10-09. ¿El que apuesta al dólar pierde?. 2021-05-13. Diario Prensa: Noticias de Tierra del Fuego. es.
4. Web site: Grispo. Jorge. 17 January 2021. El que apuesta al dólar pierde, o el fundamentalismo intransigente. 2021-05-13. infobae. es-ES.