While addressing press after her court date yesterday, former President Cristina Fernández de Kirchner admitted she converted her savings from Argentine pesos to US dollars at the end of last year when President Mauricio Macri lifted currency controls.
“That sounds fair, a lot of people did that,” you might say. The thing is, she was the one who imposed said currency controls in 2011 when she was still President as a way of showing trust in the national currency (and to prevent capital flight as well).
Cristina justified her actions by arguing that the Macri administration’s economic policies are to blame for her act of treason against the Argentine peso: “I did it because I don’t know what these people are doing with the economy,” said Cristina yesterday. Next stop, Miami via American Airlines?