Que Fue El Rodrigazo
What is Rodrigazo? 3
A series of economic initiatives was launched on June 4, 1975 by CELESTINO RODDRIGO, Minister of Consumer Economy, President ISABEL MARTINEZ DE PN, Judiciary Party.
The crisis was caused by the cost of living index, which rose to 80.5% year-on-year in May and 75.4% in wholesale prices.
Rodriguez would increase the value of the peso law from 10 to 26 pesos, which he did with the trading dollar, changing the dollar's financial law to 15 to 30 pesos, and introducing a new type of tourist at 45.
Supernaftha, SuƒÂ³ 172% and normal, 181% ..
There was no adjustment in the relevant prices in Argentina, no further inflation and depreciation, and a recession that ended 11 years of growth.
And all this in the context of a power vacuum and a spiral of violence.
After a month and a half, Rodrigo became a detractor. Foreign reserves declined, rising from 1. 1.4 billion in 1974 to 700 700 million in June 1975.
Rodrigo wanted to raise wage prices and then burst out in the midst of a surge in foreign capital, represented by his deputy minister, Banco Ricardo Zinn, author of the post-1976 coup slogan: A shrinking country. To improve Zen is determined to settle the company's debt.
The Union Pensa rejected Isabel Lopez Regardodrigo's plan to increase the pay of each of the three equality groups to 38% and then to 40%. Unions benefited by 70% or more as the government promoted the ■■■■ that ended previous price controls in 1973/75.
The president consulted with Lopez Riga, who is adamant. And the CGT completed a violent general strike of 48 fs with militant unions.
Rodrigo dramatically appealed to the state on television to accept his failed plan. He resigned on July 21, just days after Lopez left Riga. He held the post for 49 days.
Rodrigo was jailed for almost four years on charges of being illegal in Isabel's government, while the president went into exile and Zen worked for the military government as he did for Menemism in the 1990s. What was
Rodrigo died in 1987 defending his plans.
Its number is linked to one of the worst adjusted numbers Argentina can remember.
Que Fue El Rodrigazo
Que Fue El Rodrigazo
Rodriguez added the legal peso to 10 to 26, converting the commercial dollar from 15 to 30 peso to the financial dollar in a new type of 'ethical, in 45 peso' camera. Gémez Mes took commercial camouflage from 5 to 10 EW and provided financial support from 10 to 15 March. Electricity rates are expected to increase by 50% to 75%. Super Naphtha, 172% and Common, 181%. Even another price. Argentina has never seen a relative adjustment in prices, never before has there been so much inflation and depreciation as well as a recession that has finally ended. And all this in the wake of Peru's 1974 death and escalation of violence in the wake of the power vacuum.
Rodrigo's sudden fall to the ground knocked him out ... or not? I think so.
And in the time of Isabel Perrin, and under the leadership of Zen, Rodrigo, and La Paz Riga. This led to massive inflation and the crisis that led to the 1976 uprising.