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Quote from Domingo Cavallo,

Each peso [or dollar] is a contract between the government and the peso holder. That contract guarantees that each peso -- as a unit of value that the holder has worked hard to get -- will be worth as much tomorrow as today. If the government breaks the contract, it's breaking the law. The only role of government in the economy should be to guarantee the integrity of market transactions.



By:

Domingo Cavallo (more quotes by Domingo Cavallo or books by/about Domingo Cavallo)


Finance Minister of Argentina

Categories:

Crime, Economics, Government, Integrity, Law, Trust

Rating:

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