Re:Javier Milei Backtracks on $4.4B Memecoin After 'Insiders...
by Izikiel43 on Monday February 17, 2025 @09:02AM
(#43079102)
Hey, how much was inflation in 2023 when Milei didn't rule?
> 211.4%
https://apnews.com/article/argentina-inflation-december-annu...
2024?
> 117%
https://www.batimes.com.ar/news/economy/indec-reveals-argent...
Has inflation been high over at least 2 years?
Yes.
Has it gone done by almost half?
Yes.
According to private economists/universities, poverty is around 37%, which is even lower than we he started to rule, we will have to wait for official statistics in March I believe.
Compared to before Milei, costs are completely high and people who could live with their (now considered low) income are barely surviving.
You can say he's fixing it, but at the same time pretty much driving almost the whole population into poverty. And then the next president will have to deal with it and probably undo whatever Milei did. It's unsustainable.