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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He took measures in his first days that produced rises in both food and fuel, two of the biggest components of inflation. You think that may have influenced or not? I mean…

He actually said that was going to happen. Argentina has been. Subsiding fuel and food and removing the subsidies would lead to short term inflation since the price of both is no longer artificially low.

If he said the measures HE took were going to cause inflation, how is that the previous government's fault? This is what I find funny. He said "25% inflation is great! We were going to much worse inflation! We should congratulate the Economy Minister", but at the same time, you say the measurements he took were going to cause inflation. So... how did they avoid a worse inflation?

I'm sorry, but some people don't want to see reality, just want to believe everything will be good in the end, but are not being critical with this government (something people should always do, regardless of who they voted for), and everything the government do is fine with them, no matter how incoherent the discourse is, or how harmful those measures are.

The measures would lead to higher inflation in short term but decrease in the long term. It actually is sound economically.

DOWNVOTE ME WHAT YOU WANT BUT HERE'S A SOURCE varias semanas de subida en el precio de la carne como consecuencia de las fiestas navideñas, con alzas de hasta el 50%, muchas carnicerías empezaron a aplicar rebajas del 20% y 25% en los últimos días para adaptarse a la menor demanda posterior. Y lo mismo está sucediendo con el resto de productos estacionales, propios de estas fechas tan señaladas, como es el caso de sidras, turrones o dulces, entre otros. El mercado se adapta a la demanda de los consumidores y baja precios con el fin de dar salida al stock acumulado.

https://www.google.com/amp/s/www.perfil.com/noticias/amp/modo-fontevecchia/bajo-la-nafta-el-valor-del-litro-comenzo-a-bajar-por-decision-de-las-petroleras-modof.phtml

Lolololololololol

Please tell us all how bad it was, and not is, you dumb fuck.

He'd been in power just few weeks. Where you live is PRIVILEGED

I would also vote left if in Europe or us

But in south America the left got into the narco boat. And also steal from gov funds and projects. So basically do what right wing does in Europe.

No hablo Espanol. Dipshit.

it's basically 😭it's christmas' fault guise! 😭

FOOD and fuel is DOWN as of this week with a lottttt. Rents too, open market has given farmers the chance to bring product to market direct!! No more government interference in pricing of those things! Freedom!

YOU GUYS DONT KNOW HOW BAD IT WAS!