• Flying Squid@lemmy.world
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    20 days ago

    Let me know when that happens. Because it isn’t even close to that yet. 276.4% inflation is not a working economy.

    • Buffalox@lemmy.world
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      20 days ago

      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?

        • Buffalox@lemmy.world
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          20 days ago

          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.