📅 2023-07-11 — Session: Developed Economic Framework for Currency Stability
🕒 04:50–06:20
🏷️ Labels: Economics, Currency Stability, Inflation, Economic Indicators
📂 Project: Business
⭐ Priority: MEDIUM
Session Goal: The session aimed to explore and develop frameworks and calculations related to currency stability and economic value, focusing on inflation and economic indicators.
Key Activities:
- Discussed the use of exponential functions to express continuous inflation and calculate nominal and real prices over time.
- Explained the calculation of the Real Unit (UR) value in Argentine pesos using a continuous inflation rate.
- Explored the establishment of a value base for new currencies and the variability of dollar purchasing power in Argentina.
- Outlined key economic indicators for a presentation proposal aimed at currency stability.
- Reflected on the four pillars of economic value: consumption prices, production costs, salaries, and exchange rates.
- Discussed policies for implementing a new unit of value (UV) in the context of a central bank.
- Described various economic indices in Argentina, suggesting further research for updated information.
Achievements:
- Developed a comprehensive understanding of economic frameworks and indicators related to currency stability.
- Created a structured approach for presenting economic proposals to policymakers.
Pending Tasks:
- Further research on updated economic indices beyond September 2021 is needed to ensure the latest data is incorporated into the frameworks.