Re:Argentina's Economy Is Screaming at Top of Its Lungs
by throwayaw84329 on Saturday February 24, 2024 @05:42AM
(#39490610)
As an Argentine, I agree.
This article "blames" everything that is wrong with Argentina on an "enemy" figure. It is generally accepted that monetary policy has a lead time of at least a couple of months (it took the FED at least one year [1]). The causal relationship implied in the article, regarding having a record high inflation in the month of January is pretty unlikely.
This article "blames" everything that is wrong with Argentina on an "enemy" figure. It is generally accepted that monetary policy has a lead time of at least a couple of months (it took the FED at least one year [1]). The causal relationship implied in the article, regarding having a record high inflation in the month of January is pretty unlikely.
[1]: https://time.com/6227633/inflation-federal-reserve-interest-...