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

Lorenzo Sigaut

Minister of Economy

Lorenzo Sigaut in the Ministry 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

References

  1. ^ 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 , El País, reproducción del artículo publicado el 8 de abril de 1981. (in Spanish)
  2. ^ "Un peso no era igual a un dólar". www.elesquiu.com (in Spanish). Retrieved 2021-05-12.
  3. ^ "¿El que apuesta al dólar pierde?". Diario Prensa: Noticias de Tierra del Fuego (in Spanish). 2018-10-09. Retrieved 2021-05-13.
  4. ^ Grispo, Jorge (17 January 2021). "El que apuesta al dólar pierde, o el fundamentalismo intransigente". infobae (in European Spanish). Retrieved 2021-05-13.


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