That was the previous government, The current government has reduced it first to about 8% last month, to now 4.4%.
The current administration took office in December, and obviously it takes time to make reforms. But president Javier Milei is an economist, so we can hope he can get that part working better than the previous government.
But he is a populist as you wrote, and allegedly a libertarian, so I agree Argentina may be going from one evil to another.
It’s weird how South American countries often goes from one extreme to another?
I wrote month as the article states, you are the one who used old data from last year, which is either dishonest or ignorance.
The fact is the inflation is now dropping under this new administration. If it’s about 50% per year, it’s still a heck of a lot better than 276% it was before.
I hope it improves further, and with changes that are so dramatic, you have to use m/m.
For things to improve, they still need a working economy, disregarding if it’s a left or right wing government.
Let me know when that happens. Because it isn’t even close to that yet. 276.4% inflation is not a working economy.
That was the previous government, The current government has reduced it first to about 8% last month, to now 4.4%.
The current administration took office in December, and obviously it takes time to make reforms. But president Javier Milei is an economist, so we can hope he can get that part working better than the previous government.
But he is a populist as you wrote, and allegedly a libertarian, so I agree Argentina may be going from one evil to another.
It’s weird how South American countries often goes from one extreme to another?
You’re comparing month over month inflation to annual inflation, which is pretty dishonest.
I wrote month as the article states, you are the one who used old data from last year, which is either dishonest or ignorance.
The fact is the inflation is now dropping under this new administration. If it’s about 50% per year, it’s still a heck of a lot better than 276% it was before.
I hope it improves further, and with changes that are so dramatic, you have to use m/m.