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[–] 1 point 1 year ago

I feel like inflation should be benchmarked against median wages or something. By itself it’s not particularly meaningful, as it’s the relationship between prices and wages that matters. Neither number alone has any real meaning.

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  • 6 comments in c/world@lemmy.world view that post
    [–] 32 points 1 year ago (3 children)

    1.5% per month. Don't compare directly to your home country's annual inflation yet. Unless you're Turkey or Russia.

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  • [–] [S] 3 points 1 year ago*

    Yeah, it was 25% per month when Milei was elected and been going down ever since almost every month. Whether it's thanks to or despite him is a more difficult question of course.

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  • [–] 5 points 1 year ago

    This is becoming a really good case study for austerity working. Argentina still isn't great, but they were bordering on hyperinflation and are now stablizing.

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  • [–] -3 points 1 year ago

    Milei understands money. He might fail to understand many other things, he might cause more harm than good in other ways, but he understands money. If you want to stop inflation, Milei is your man.

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  • 1 comment in c/globalnews@lemmy.zip view that post
    [–] 5 points 1 year ago

    This guy is going all over lemmy spamming Milei propaganda.

    OP why you didn't posted about the IMF loan?

    https://www.imf.org/en/News/Articles/2025/04/12/pr25101-argentina-imf-executive-board-approves-48-month-usd20-billion-extended-arrangement

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