Thank you
@LyellLanatone. I am happy to hear you say it is a positive with me here I was traveling in Spain and Italy for the past 2 months so been away. I have been posting all year how prices are very dear here and on par with European prices now and going to Spain and Italy confirmed what I wrote. Good meals there were less than I am paying in BA now. Coffee is half the cost of coffee in BA.
I don't want to complain just to complain. That is not my intent on this forum. I am seeing not all of what Milei is doing is bad. In fact I will agree about hyperinflation claims if he did not win. Still I don't believe the government numbers for everything. My healthcare insurance premium is through the roof. It has gone up 253% from same period last December to December 2024. My condo fee has jumped up around the same. Utility bills are through the roof.
I agree they needed to go up but this is extreme. People do not have the money for these kind of increases to get to and from work. Jumps up in electricity and water and gas bills is too much.
Cristina was not a saint but many poor and lower class had a much better lifestyle with her and I think the country as a whole worked better. Poverty rates are going up not down. Report after report from respected magazines reports poverty has jumped up. People say it is going own but I do not see that in my everyday life. I see more homeless on the streets. I see more going through trash bins.
What would it take for me to admit I was wrong about Milei? Good question. I would need to see poverty levels going way back down. I need to see realistic price of peso. Milei was critical about intervention and all they are doing is intervention. Everyone agrees peso is overvalued. I would like to see government step in and stop healthcare companies from keep raising prices like they said they would do. They stopped for a while but went back up. Prices are too dear now.
I want to see prices in USD terms go down. It is not reasonable to have prices the same as in America or higher than Europe where the salaries are more. I would need to see companies actually grow. More and more friends that I know are getting fired from their companies now. More lately than even before. This is in private sector where their companies can't afford all of these increases in salaries, and extra fees so they are laying off now.
I want to see the cepo and all currency controls stopped. Let us see where exchange rate is on open market. If companies start hiring, prices go to reasonable prices, poverty goes down, economy grows then I will admit he is doing ok.