In 2004, Argentina’s President, Nestor Kirchner, appointed Martín Redrado to lead their country’s Central Bank. It was the logical choice, considering that Harvard-educated and Wall Street-seasoned Redrado brought to the table an extensive knowledge of world economics. Redrado’s primary assignment as president was to provide monetary and financial stability to a country wrecked with cyclical breakups. In early 2010, Cristina Kirchner ordered the Central Bank to fund public spending and pay national debts. Martín Redrado refused.
In his comprehensive and straightforward No Reserve: The Limit of Absolute Power, Redrado reveals the circumstances leading to the global recession of 2008 and the financial machinations of Kirchner and her husband to tighten their political grip. When the author was forced to resign, he stood up against a powerful government to fight for the rights of all citizens…and changed the course of his country’s history. For anyone who enjoys works on business and economics, international politics and emerging nations, the tenets of central banking worldwide and the challenges facing global markets, this audiobook is ideal.