5mo ago

Argentina inflation slows to lowest under Milei | Buenos Aires Times

Monthly inflation reached the lowest level since late 2021 in September – a significant win for President Javier Milei.

6 comments

However, more than half of Argentinians are now living in poverty. https://www.bbc.com/news/articles/ceqn751x19no
- It only went up 11%points, which is a miracle considering the 230% inflation going on before he took office.
  How much if your country would be in poverty if next year their savings and income were effectively slashed by 60%?
  
  It went up by 11% points. The amount of people in poverty increased by 25%

It's a very kill or cure approach.... Let's hope it works long term.
It's still a huge yearly inflation rate though!

6 comments