[Andrés]

Yes Samurai you're correct that the fixed currency exchange rate, known as "convertibility" started to slide and prevented our exports to sell at a competitive price.

(I was going to attempt to explain the historical situations that lead to that situation, and why it was prolonged more than necessary but it would take too long, and I'm not as good in history as I'd like)
What you fail to mention that the IMF and WB encouraged that economic policy, and that imperialistic companies took advantage of that to sell us goods we didn’t have access to before at prices that appeared cheap to us, while they lent money to the government to sustain that fictional economy.
Making your employee have a debt with you with a debt that he will never be able to pay is one of the modern shapes of slavery.