• takeda@lemmy.world
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    1 day ago

    He does look like Frodo on meth, lol, but still props that his economical plan that was perceived by many as crazy seem to be working so far.

      • takeda@lemmy.world
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        1 day ago

        Well … whatever you call it, the inflation did slow down to 2.7%

        No one before him was able to stop it.

            • Deceptichum@quokk.au
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              13 hours ago

              Went up a few percent to 8pct the month before he was elected, and flew up to 25.5% the month after he was elected.

              Before 2022, it hadn’t been above 6% in nearly a decade.

              This wasn’t a problem only Milei could solve that no one else had; this was a problem caused by Milei that didn’t exist before him.

              • Shardikprime@lemmy.worldOP
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                12 hours ago

                Care to tells us what was low about the 211% yearly inflation on 2023 and how we are in a worst situation now with 107% inflation yearly?

                While you are at that, prove that black is white and 2+2 equals fish

                • Deceptichum@quokk.au
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                  10 hours ago

                  It is literally still worse than before he started.

                  MoM and Yearly rapidly exploded into insane highs when he took office. The best he has achieved is almost returning to a pre-Milei level.

                  • Shardikprime@lemmy.worldOP
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                    9 hours ago

                    What you are showing here is the Year over year inflation. Both 2023 inflation and 2024 inflation curves obviously will overlap.

                    And guess what. Most of that overlap you see? All from the previous administration’s 211% yearly inflation.

                    That overlap? Is almost gone now, and for January next year, will be forgotten. Hell, even leftists here stopped using it as people quickly realized this curve was and keeps dropping.

                    So yeah, 211% is still more than 107%.

                    Care to continue? Go ahead and prove all circles are squares now

                    You are clearly arguing something, but I believe not even you know what it is.

        • Flying Squid@lemmy.world
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          22 hours ago

          You do know that using inflation as a sole metric to determine how well an economy is doing is silly, yes?

    • GissaMittJobb@lemmy.ml
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      24 hours ago

      Stopping your finger from bleeding by cutting off the entire arm is not a particularly good plan.

      Sure, inflation is down, but the absolute condition for the average argentinian is not strictly speaking great.

      It’s clear that some form of change to stop the runaway inflation was needed, but this was not the way to go