this post was submitted on 14 Jan 2024
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[–] [email protected] 53 points 8 months ago (5 children)

Argentina’s annual inflation rate sped past 211% in December

He only assumed office in December. I think he is a whacko but expecting him to have a major change in inflation immediately is a bit ridiculous, don't you think?

[–] [email protected] 54 points 8 months ago (3 children)

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…

[–] [email protected] 3 points 8 months ago (1 children)

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.

[–] [email protected] -1 points 8 months ago (1 children)

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.

[–] [email protected] 3 points 8 months ago

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

[–] [email protected] 17 points 8 months ago

As soon as you get elected literally everything becomes your fault, it's tradition.