Milei turned inflation into deflation in just 5 months. Based?
will care in 2 years
>>196491416capitalism doesn't wor...
economists told me deflation is le bad
isn't deflation bad as well?
>>196491416Wasn't the source of deflation just foreign investors cashing out?
>>196491416>Based?NoGood luck to anyone there with a mortgage or loan of any kind.Lotta businesses going to go bankrupt>>196491697It's worse by miles
>Deflation while in debtIsnt this terrible?
>>196492746Yeah
>>196492689>mortgage or loan of any kind.he doesnt know, lol>>196491416p.based tbhwyf
>>196491416also
>>196491416If he really did get the country from inflation to deflation in 5 months then I suggest you start submitting asylum paperwork to a nearby country of your choice.
>>196491416Whether or not its based remains to be seen, he still needs to insure that Argentina is stable enough so that investment in the country can increase. Being to aggressive could result in to much political instability
>>196492894Yeah you left out the part about businesses...They go bankrupt, people lose their jobs.Also good luck paying off the IMF, whatever foreign debt argentina has
>>196492962Why is that?Isn't it a positive thing?
>>196493033Do they not teach economics anymore?The fucking illiteracy of zoomers astounds meDeflation means debt get more expensive.People lose their jobs, houses, cars
>>196491416inflation is always done on purpose, it's not magic
>>196493019this is the important next step, to make us stable enough for investors to put fabrics and gib jobs>>196492689those things doesnt exist>>196491416basadisimo mi rey
love when leftoids ask for more inflation>>196493020nigga there is no loans in argentina, the biggest customer of banks was the goverment lol.>Also good luck paying off the IMF, whatever foreign debt argentina hasdontyouworryaboutit>>196493091please read philipp bagus as soon as posible>>196493116>it's not magicaccording to the left it is
So what, is Argentina supposed to just stabilise inflation and then pay of their debts? How exactly can you stabilise inflation without leading to deflation anyway?
>>196491457When it happens as a result of a 40% drop in sales in your country, it's really bad. If it were a correction of Argentina's chronic monetary disease, it would be good.
Based. Future is looking good for Argentina. Your cunt will be the next hub for indie game development startups.
>>196492746They are in a serious economic recession. But inflation is such a media topic there that they think it's better because it's fallen.
>>196491416>>196493815>>196493892Kek i didn´t know thathttps://oglobo.globo.com/economia/noticia/2024/04/22/recessao-atinge-em-cheio-a-argentina-e-vendas-despencam-ate-45percent.ghtmlArgentina is turning into a complete shit cake. The fuck they have in mind.
>>196492746Yes but argies aren't economically literate.
>>196493033Deflation causes stagnation because if your money made you richer by just having it you wouldn't spend it or place it in a bank (banks spend your money in investments). In a normal country with competent economists this would be easily fixed by lowering the interest rate or printing money>>196492746>>196493249In a way we're not indebted because everyone else has more debt than us, at the end of the day we're owed money>>196494108It's literally been a week you mutt, they can't take action immediately
Also the central bank has been buying HUGE amounts of ARS because they need reserves to afford the de-tenderization of the ARS, so now they'll choose between stacking reserves faster or reintroducing some of that reserve into the market
>>196494176>it's been a weekArgies have had two hundred years of economic crises, and it'll continue for another two hundred years.Milei is flying around the world sucking jew cock while you starve
>>196491416Deflation is fine so as long as Argentina isn't reliant on debt. It has a habit of increasing the value of debt if a country is too reliant on credit. The Great Depression was caused because of deflation not inflation.
>>196494387It can't get any worse than it already is
>>196494402>can't get any worseIt can get to Venezuela and Haiti levels.
>>196494418Venezuela only got bad when you had communist nutters in governmentArgentina has Milei, it's not the same thing at all
I don't want argentine "refugees" in my country
>>196494678Milei is a nutter too, he thinks his dead dog talks to him.>50 something year old male >never married only got a gf after he started running for pres
argentina is FUCKED because they decided to vote for le ayncrap manthey'll have to parade milei through the streets wearing a dunce cap by the time this is all over, carry him right to the rio de la plata and throw him overboard
>>196494901if elections changed anything then they would be illegal
>>196491416>X turned bad into bad in just Y months. Based?
>>196494418Why stop there? They can easily become Somalia if they try
