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Inflation in Argentina was (https://tradingeconomics.com/argentina/inflation-cpi) 254% 😮 The photo is a visualization of inflation in Argentina over the last 10 years, and the current result is a 32-year record. Back in January 2023, inflation was 102%, but there has been a sharp jump since new President Javier Miley came to power amid his economic reforms, particularly the devaluation of the peso to equalize exchange rates at the bank and on the black market. The Argentine government expects that their reforms will stabilize the economy and price increases will go down in the future. But so far, only the number of citizens who are starving is rising. P.S. Bitcoin has risen 127% since the beginning of the year, if you count it in Argentine pesos. You get the idea.... 🆗

Inflation in Argentina was (https://tradingeconomics.com/argentina/inflation-cpi) 254% 😮

The photo is a visualization of inflation in Argentina over the last 10 years, and the current result is a 32-year record.

Back in January 2023, inflation was 102%, but there has been a sharp jump since new President Javier Miley came to power amid his economic reforms, particularly the devaluation of the peso to equalize exchange rates at the bank and on the black market.

The Argentine government expects that their reforms will stabilize the economy and price increases will go down in the future. But so far, only the number of citizens who are starving is rising.

P.S. Bitcoin has risen 127% since the beginning of the year, if you count it in Argentine pesos. You get the idea.... 🆗

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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