President Javier Milei, who has been in office for just over a month, is looking to employ tough austerity measures to bring down inflation, reduce a deep fiscal deficit and rebuild government coffers.
He actually said that was going to happen. Argentina has been. Subsiding fuel and food and removing the subsidies would lead to short term inflation since the price of both is no longer artificially low.
If he said the measures HE took were going to cause inflation, how is that the previous government’s fault? This is what I find funny. He said “25% inflation is great! We were going to much worse inflation! We should congratulate the Economy Minister”, but at the same time, you say the measurements he took were going to cause inflation. So… how did they avoid a worse inflation?
I’m sorry, but some people don’t want to see reality, just want to believe everything will be good in the end, but are not being critical with this government (something people should always do, regardless of who they voted for), and everything the government do is fine with them, no matter how incoherent the discourse is, or how harmful those measures are.
He actually said that was going to happen. Argentina has been. Subsiding fuel and food and removing the subsidies would lead to short term inflation since the price of both is no longer artificially low.
If he said the measures HE took were going to cause inflation, how is that the previous government’s fault? This is what I find funny. He said “25% inflation is great! We were going to much worse inflation! We should congratulate the Economy Minister”, but at the same time, you say the measurements he took were going to cause inflation. So… how did they avoid a worse inflation?
I’m sorry, but some people don’t want to see reality, just want to believe everything will be good in the end, but are not being critical with this government (something people should always do, regardless of who they voted for), and everything the government do is fine with them, no matter how incoherent the discourse is, or how harmful those measures are.
The measures would lead to higher inflation in short term but decrease in the long term. It actually is sound economically.