Three weeks after the prospect of a Kirchner-Fernandez government gutted the value of the Argentine peso, current Argentine president Macri's increasingly Kirchner-esque response to the crisis has hit a new milestone (archived). The current regime has declared Argentinos may buy no more than 10,000 USD in a month and that businesses in Argentina submit their USD purchase plans to the government lest they are determined to be "hoarding" USD.

This comes after Argentina has spent 21 days actively fighting the market and exhausting its foreign currency reserves by trying to prop up the Peso Argentina's value near 60 to the USD when the market clearly understands that the Peso Argentino's value should be far lower. The remaining reserves nominally belonging to the Argentine Central Bank are encumbered as collateral for loans and almost certain to be forfeited in the coming default.

Meanwhile, publications in the Northern Argentina calling itself the US lead by Forbes had been running pieces written by Peronists explaining why Argentina can't be in as bad of a position as its behavior is forcing it into (archived). At last they had been until today when they had to admit currency controls are back.