Argentina got a 2,7% inflation in october and still decreasing
Thanks to Javier Milei and their economy minister Luis Caputo. In 2023 Argentina reached a 211% inflation rate caused by uncontrolled money impression made by economy minister and “de facto” president of the last peronist goverment Segio Massa (Who is a lawyer, not a economist). When they let the goverment, leave a 25% montly inflation rate in december 2023, a hiperinflation was in the horizon. Milei and their cabinet, they avoided a hiperinflation prioitizing the fiscal balance in public accounts ending with the money impression and debts, also reducing the state presence in different sides of society. submitted by /u/20ers-thougts |
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