Argentina inflation surges past 200%, hitting highest level in decades

Lee Duna@lemmy.nz to World News@lemmy.world – 291 points –
Argentina inflation surges past 200%, hitting highest level in decades
nbcnews.com
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Milei has been pretty open about their policies... Unfortunately Argentina's economy is a dumpster fire and neoliberal asshats have been driving it further into the ground. You can think of Argentina's election of Milei as a hail mary... But an extremely I'll advised one.

When you're desperate even insane radical change can seem better than the status quo.

Wonderful.

I have not had enough time to follow everything about Milei, so it was a genuine question.

My nearest point of reference was El Salvador.

insane radical changes

-stop printing worthless paper money bills

-cut useless government spending on extremely corrupt practices that permeate all public spending in the country to save money

-reduce spending as the previous economy ministry/presidential candidate left the country reserves in ruins spending 15 thousand millions USD in only 6 months just to try to buy the campaign and still lost.

-rebuild the country's monetary reserves by auditing spend.

Wow the insanity

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