“Argentina registered a year-on-year inflation rate of 254.2 percent in January, the highest in 32 years, according to data released Wednesday by the National Institute of Statistics and Censuses (INDEC)”

Poorness rise to almost 58% while the president is refusing to hike the minimum wage, which is common to rise every 3 months or so even during the right wing liberal regime of Macri, but this guy FUCK NO he just signed a billion dollar subsidy to “Mercado Libre” the eCash monopoly owned by the richest Argentinean Galperin ~5 Billion of declared wealth

  • dangblingus@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    1
    ·
    1 year ago

    What’s to stop corporations from exploiting consumers if there are no price controls? Free Markets don’t exist in our current world, especially not in any developed countries. Lowering the deficit? Okay. Sure. Just lower the deficit.

    Do you know how to lower inflation? It’s to raise interest rates until you force a recession. Increased trust in the economy? How do you know?