Can confirm, I had to escape, with my family, from the murderous leftists and socialists in Venezuela, into Argentina.

The whole situation, wouldn’t recommend it. That whole trip on foot? Really bad for the ankles.

Now in Argentina my family is actually having a great life, we can save, work, and even plan for our future.

Now with Milei things are looking up even more.

And what you want to correct?

We are actually not printing any, fiscal responsability it’s the new moto

Then I’d ask you to correct your comment, just to keep the information clean.

Beyond that, In the large scheme, it was bound to happen due to lifting the extremely subsidized price controls on food, rent, transportation, health and the heavily subsidized services.

It’s not pretty but it had to be done.

The country was literally printing money they don’t have to pay things they couldn’t afford

Yeah bro is an absolute madlad, that’s what we like about him

That’s old information. With July, August and September data, we are out of the economic recession now.

It’s a very modest growth, but it’s there, without price controls, without printing money likey no tomorrow and more important, without 211% inflation over our shoulders

We also have a good growth forecast of between 4% to 6% for next year. Things are improving slowly but surely

Palm Beach. There is also lots of others

So no proof then

Indeed, from 211% annual inflation to 107%? Astonishing success

How?

It is indeed, most of the country is happy with this development

Dude you sound deranged. We are discussing here with respect, not with insults.

People didn’t become poorer from one day to another, here in Argentina food, services and health are heavily subsidized indiscriminately with money the country does not have.

Money that until last year was printed indiscriminately as well

As the subsided amount is being reduced because there is no way to pay for it, it’s understandable people will start entering the brackets for poverty.

Also, as more money is not being printed, inflation has been lowering as well.

Which has the side effects of lowering poverty as well

The current poverty index is sitting at 49% for the May -October period.

So it is clearly improving

Beyond that i don’t see a reason why you ask people to not reason with others. That’s basically the whole point of communication. Which I would understand if you had no argument to discuss, but you seem articulate so it does look weird.

How is the difference 10% between 49% to 53% ?

Proof?

You’d be surprised… people here are still surprised that food priced keep rising even tho inflation is less each month

I mean maybe people intuitively understand that when you press your breaks, the car won’t stop instantly

And apply that analogy to that of inflation rato slowing, but always positive until full stop

But not all people, even less the opposite party

The article does say it is the inflation for the month of October. It literally says MONTHLY inflation.

The 200% is the YOY inflation, inter annual.

For context, 2023 we ended with 211% yearly inflation rate

It’s evident that YoY inflation curve is going to overlap with this year’s inflation.

YoY inflation reached its peak at about 289% and it’s now at 193%, once we leave the 2023 inflation curve behind, that number won’t matter anymore

For anyone interested, the current yearly inflation is at 107%

107%<211%

Proof?

After a 49% poverty left by the previous government. So a tick of 4% after that is almost nothing

People voted him for a reason