For fourteen years the boliviano has been held at 6.96 per dollar. The reserves that paid for that promise are almost gone, and the bill is now arriving through prices instead of the exchange rate.
Read the noteOscar Varas Hiza
A Stamps Scholar studying mathematics and economics at the University of Miami. I’m interested in technology and the forces shaping where the world is heading, and I’m working toward a career in emerging-markets macro.
- Studying Mathematics and Economics at the University of Miami, class of 2029
- Leading President of the UM Economics Club and the Bonsai Applied Computations Group
- Teaching Teaching assistant, Principles of Macroeconomics (ECO 212)
- Next Representing UM at the ULMA Economics Olympiad in Ulm, November 2026
Experience
Where I’ve worked. Due diligence and research at ID8 Investments, and the organizations I lead at the University of Miami.
Professional
Jun 2026 – Aug 2026 Investment Intern ID8 Investments New York, NY
Worked with the investment team of an early-stage venture fund on deal screening, due diligence on AI startups and fundraising, and built internal tools that make reviewing inbound deals faster.
Leadership
Sep 2025 – Present President Bonsai Applied Computations Group Coral Gables, FL
A student group that takes on applied data-science and machine-learning projects for companies and university labs. I lead the group and its client work, after serving as its Vice President of Research.
Aug 2026 – Present President University of Miami Economics Club Coral Gables, FL
Leading the club’s shift toward research: student research pods in macroeconomics, equity and applied policy, an economics review published each semester, and a series of talks and events.
Jan 2026 – May 2026 Project Team Lead Miami Undergraduate Consulting Club Coral Gables, FL
Led a student consulting team advising a venture-backed AI startup on its go-to-market strategy, from market mapping through an implementation plan built with the founders.
Writing
Notes. Short pieces on markets, technology and where the world is heading.
Between 2022 and 2025 almost every inflation-targeting economy in the region brought inflation back toward target. The exceptions tell you more about the framework than about the shock.
Read the noteChile and Peru sell copper to China. Bolivia sells gas to its neighbours. Since 2015 that difference has shown up in growth, and the lithium story has not changed it yet.
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