Re:Javier Milei Backtracks on $4.4B Memecoin After 'Insiders...
by simiones on Monday February 17, 2025 @08:11AM
(#43078625)
If real cost of living in USD is going up, how are they fixing inflation?
Re:Javier Milei Backtracks on $4.4B Memecoin After 'Insiders...
by Daishiman on Monday February 17, 2025 @12:39PM
(#43081414)
Where are you getting that they’re releasing the peg? No market instrument has priced that in and every time it gets raised the Minister of Economy moves the bar for when that will happen. They need a capital injection from the IMF that they will never get because Caputo asked for $45 billion loan for the IMF for the same purpose two presidencies ago and it changed nothing.
No one says it's going to be all sunshine and roses, but fixing inflation and housing/rental prices seems like a pretty solid start, as well as moving towards eliminating a currency peg.