No Reserve

In "No Reserve: The Limit of Absolute Power," Martín Redrado recounts his tenure as Argentina's Central Bank president, appointed in 2004 under Nestor Kirchner. With a strong background in economics, Redrado faced immense pressure when Cristina Kirchner directed the bank to fund public spending, which he refused, leading to his resignation. This candid reflection delves into the factors contributing to the 2008 global recession and highlights the political dynamics influencing Argentina's economy, making it a compelling listen for those interested in business, international politics, and central banking challenges.