hyperinflation

Javier Milei: “I prefer to endure this weak situation of activity a little longer but avoid hyperinflation” - Infobae Source: https://www.infobae.com/politica/2024/03/13/javier-milei-prefiero-soportar-un-poco-mas-esta-situacion-debil-de-actividad-pero-evitar-la-hiperfinlacion/ March 13...

Milei is just bad news for Argentina. Those who voted against him knew this would happen. Yes, we had bad inflation before with previous administrations. Maybe 10% a month. Now look at the cost of some things. Fuel has gone up 60% in a short amount of time. Healthcare is going up 40%...

In 2001, during the economic crisis, factors such as Airbnb and the digital nomad trend, where individuals earn in dollars benefiting from exchange rates, were not as prevalent. Over the 15 years of visiting Buenos Aires, there's a perceived change in sentiment, particularly in San Telmo, with...

Today, April 17, 2023, marks the day that yours truly has seen a 99% percent drop in the value of the peso's fx rate (for the masses) with USD, from 4.03:1 to 403:1 . Cool to have converted at both rates (sheds a tear, awaits the Tshirt). Even the dollar took about 90 years to achieve this feat...