Bloomberg: Argentina Inflation Sped Up for Fifth Straight Month in January

[Finance Prof]

Jesse. Another 6.5% monthly increase in tuition. I just saw this. Brutal.

 

[Uncle Wong]

Jesse. Another 6.5% monthly increase in tuition. I just saw this. Brutal.

Man how can they just keep raising at these levels? I just read that salaries are capped less than 2% for increases. This just seems like basic common sense. They are saying that inflation is only 3% but every time I read an article something is increasing by much more than inflation. No wonder the approval ratings keep going down.

 

[Betsy Ross]

Man how can they just keep raising at these levels? I just read that salaries are capped less than 2% for increases. This just seems like basic common sense. They are saying that inflation is only 3% but every time I read an article something is increasing by much more than inflation. No wonder the approval ratings keep going down.

This is the single biggest complaint that I hear with my friends that have children. The costs are far outpacing inflation. Many of my friends that voted for Milei have soured on him. They hit their limit. They want to see someone else running in the next election. They stopped believing and say life was better under Peronists.

They were going to give it a shot to try to fix Argentina but they admit Argentina probably is unfixable.

 

[Avocado]

This is the single biggest complaint that I hear with my friends that have children. The costs are far outpacing inflation. Many of my friends that voted for Milei have soured on him. They hit their limit. They want to see someone else running in the next election. They stopped believing and say life was better under Peronists.

They were going to give it a shot to try to fix Argentina but they admit Argentina probably is unfixable.

I love to hear this. More and more people are flipping over and regretting their vote. I am getting a lot of friends tell me that I was right. Life was much better under Cristina. Life was terrific under Nestor. We need to go back to those times.