The Latin American experience (Argentina, Chile) during their inflationary crises shows that resets happen quickly and are less painful than prolonged inflation, and Chile's constitutional limits on debt-to-GDP ratio (3,000%) was set by Pinochet after his reset and has never changed.
factualpending
Speaker
Jaime CarrascoEvidence Quote
“the Chilean economy was it's 3,000 per person uh debt to GDP because you can't raise debt unless it's approved by all forms sets up to government you know that that the Constitution that he said still hasn't been changed”
Created: 8/11/2026, 6:29:22 AM
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