Javier Milei: “If inflation in December is 30%, it is a big number, we were coming for 45%” -Infobae
Source:
https://www.infobae.com/politica/2024/01/07/a-la-vuelta-de-su-visita-a-la-antartida-milei-volvio-a-defender-el-dnu-y-la-ley-omnibus-los-idiotas-utiles-hablan-de-las-formas/
January...
What to invest before the election - Nation World News
Source:
https://nationworldnews.com/what-to-invest-before-the-election/
September 30, 2023
The economic context in Argentina marked by the volatility the uncertainty in recent months.
After a significant growth in the inflation...
Dollar still and inflation on the rise: how much the exchange rate lagged since the devaluation - Infobae
Source:
https://www.infobae.com/economia/2024/01/05/dolar-quieto-e-inflacion-en-alza-cuanto-se-atraso-el-tipo-de-cambio-desde-la-devaluacion/
January 05, 2024
The exchange rate jump...
Oh, brace yourselves, folks! Beef is about to become the caviar of everyday meals, and those beloved parillas in Palermo? Well, get ready to dish out a cool$ 100 USD per head at La Cabrera and the other restaurants in Palermo. This new government is like the harbinger of culinary doom, causing...
In 2023, rents increased by 260%, well above the inflation rate - Infobae
Source:
https://www.infobae.com/economia/2024/01/03/en-2023-los-alquileres-aumentoaron-un-260-muy-por-encima-del-indice-de-inflacion/
January 3, 2024
This was revealed by a private report that also confirmed...
Inflation in dollars: noodles, sodas and cans in Buenos Aires as in supermarkets in Miami or London - Vive La Plata News
Source:
https://vivelaplata.com.ar/inflacion-en-dolares-fideos-gaseosas-y-latas-en-buenos-aires-como-en-los-super-de-miami-o-londres/
December 31, 2023
According to a...
If authorities decide to increase the money supply by 30%, leading to a corresponding 30% rise in both prices and wages in pesos, some might question whether this truly constitutes inflation. In this scenario, where the increase in money supply is matched by an equivalent increase in wages, it...
What could change in daily life?
Ten days after taking office, and on the eve of the festive holidays, Milei presented his "necessary and urgent" decree to loosen some of the rules governing the country's economy as annual inflation hit 160 percent.
One big change will be the removal of all...
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%...
Read it and weep.
Javier Milei warned that things would get worse before they got better. Now Argentines are living it.
Source -
https://www.nytimes.com/2023/12/23/world/americas/argentina-economy-inflation-javier-milei.html
More bad news for Argentina. The economic problems are causing mental issues now because of Milei's policies causing economic anxiety.
Argentina has the highest per-capita rate of psychologists in the world. Many are reporting a spike in economic anxiety.
That put Argentina’s national “mood”...
For those that try to claim the prices aren't skyrocketing upwards. Read it and weep. Key part of the article is, "“This is a classic adjustment: all it does is lower salaries and doesn’t stabilize”...
Yesterday I thought they said the blue dollar was going to go up. Instead, it is going down. -https://www.ambito.com/contenidos/dolar.html
Does anyone know why the blue dollar went down? It is getting more expensive. I don't want to complain too much as I still got 960 pesos to $1 USD...
Years ago, I enrolled in a local medical insurance plan when the exchange rate was approximately 37 pesos to a dollar. This insurance plan has a progressive scale, indicating in the contract the premium amounts in pesos for when I reach the ages of 55, 60, and 65. Due to the significant...
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...
Argentine shopkeepers struggle to keep pace with soaring prices
Sonia AVALOS
Nov 24, 2023
Annual inflation is already at 143 percent, and prices have risen further after the outgoing government this week eased price controls on basic goods
Paola Basso sighs as she hastily sticks price tags...
Just came across this report-
How much of this is true? Looks quite worrisome. :(
"I was just here, it is true they work for visa bank cards that a foreign. But f*ck my life that was the most expensive place I've ever travelled.
They have somehow priced inflation like 6 months ahead, even...