Inflation Is Falling, But Argentines 'Are Not Yet Better Off': Milei's Gamble Under Fire

[Uncle Wong]

Looks like the timing on the IMF loan wasn't an accident. March inflation looked like it was jumping up again much more than the government thought it was. Very strong. And it looks like April is going up too. Saw the price jumps with beef and other things. Saw some graph for education and it was sky high! Glad I don't have kids!

Anyway this situation sounds like Argentina would have exploded without the IMF and even with it maybe it still will. I saw an X post with Milei before he ran for President where he said "countries only go to the IMF when they are about to explode".

 

[citygirl]

Noticed the same thing. I went over to Mirasol last night and it is usually very busy on the weekends and there was almost no one there. Usually it is packed with people from the Four Seasons next door and it was completely empty at 10 PM. Was shocking to see.

Just went here today to eat. Very empty. And no wonder. Prices are expensive!

Just an asado de tira and salad for 135,500 pesos!