• prole@lemmy.blahaj.zone
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      17 hours ago

      Do you think 32.6% inflation isn’t high?

      I think 3-4% is usually considered healthy for growth. They’re at 10x that.

            • DisgruntledGorillaGang@reddthat.com
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              10 hours ago

              You literally did:

              So Milei won and did what the previous governments didn’t want to do: cut spending. He got inflation under control by sacrificing big chunks of society.

              That’s a direct quote from you.

              • ExLisper@lemmy.curiana.net
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                10 hours ago

                Shit, you’re right. I later said inflation is down and though you were referring to this part. Missed that sentence, sorry. Yeah, inflation is down but they are definitely not out of the woods yet. Deflationary processes tend to be volatile and no one knows which way it will go yet. On one hand it would be nice for all of it to collapse so we have another proof that right with populism doesn’t work. On the other hand Argentinian people could really use a break.