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Argentina's poverty rate soars above 50% under Javier Milei

8 点作者 todoesverso8 个月前

1 comment

ImJamal8 个月前
&gt; Milei, who took office in December, has slashed public spending in an effort to bring down annual inflation that peaked at close to 300 per cent in April. The price increases have eroded the purchasing power of workers and pensioners.<p>&gt; Economists say the root cause of the high inflation is the money printed to fund spending by previous left-leaning Peronist governments, but the removal of price controls and a devaluation of the peso under Milei have also contributed.<p>So inflation may be causing it, but they don&#x27;t tell us if inflation has actually improved or if it has gotten worse since Milei came into office. Has inflation actually gotten better?