But like charity (and perhaps only in that respect), capital markets begin at home. There also seems an insufficient appreciation as to just how large capital markets bulk in today’s world as opposed to what is still called the real economy. dollars) which could otherwise fuel the financial system as a whole. Thursday, August 11, 2016 Of capital importanceThese images of money being counted in La Rosadita financial house sparked a national scandal but this column argues that not enough money is counted in the Argentine economy. Argentina’s stunted financial system leaves it still stuck in the 20th century, holding the entire economy back, as Central Bank Governor Federico Sturzenegger keeps trying to tell people.

Source: Bueno Aires Herald August 11, 2016 05:53 UTC