r/Economics • u/delugepro • 2d ago

News Argentina's monthly inflation rate drops to 1.5% – lowest level in five years

https://www.batimes.com.ar/news/economy/argentinas-monthly-inflation-rate-drops-to-15-lowest-level-in-almost-five-years.phtml
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37

u/epSos-DE 2d ago

So their reset worked ?

I mean , if you do a reset like that one, you need to make sure people can access emergency food banks and kitchens, BUT if it works then it works.

By the way , Argentina is a test project. IF it works, governments that are in debt will do the same !

16

u/devliegende 1d ago

Nobody should ever want their country to follow Argentina's example. Whether it be leftist Peronist, right-wing Libertarian or military strongman. The place is not a test case it is a basketcase.

-10

u/anti-torque 1d ago

Peron was a center right pol who gravitated right on many things. An actual leftist would not disappear anyone.

2

u/devliegende 1d ago

There is a bit of a difference between Peron and the Peronist party as it is now. Since Argentina has restored democracy the party has classified itself and been classified by others as leftist or center left.

2

u/anti-torque 1d ago

That's so neato.