Javier Milei becomes first world leader to meet Trump since election win
Javier Milei becomes first world leader to meet Trump since election win
The Argentinian president will also meet Elon Musk in the coming hours to discuss strategies to cut government spending
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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.
Austerity does not work.
Well ... whatever you call it, the inflation did slow down to 2.7%
No one before him was able to stop it.
Mate it was 2.5% in 2022. It only jumped to 25% after he took office.
And between 2022 and 2023 how much?
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.
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
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.
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.
I mean, they're proving their point rather well, not sure why you feel the need to take pot shots at them :/
No point at all in proving that 211% yearly inflation in 2023 is less than 107% inflation in 2024, but you do you
Here’s the MoM
Same trend, same cause.
Again, month over month curves will also overlap. You are only showing the trend of increasing inflation and how it has dropped with this current government
Are you trying to prove that because we have less inflation now, we are doing worse somehow?
Take a crack at 1+1 equals fish.
Just to add to the thread, here Link are the monthly numbers for the last 5 years. Last time we had something under 2,7 was nov 2021.
You do know that using inflation as a sole metric to determine how well an economy is doing is silly, yes?
That's for last month. Let's see how the yearly comes out.
We are up to 107% for now. That's great considering last year's
We did it Patrick! We
saved bikini bottomslowed inflation!Don’t trust any number coming out of Argentina.
You got the brains to use a bandaid for a bullet hole.
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