Colin
Active member
Overvalued peso is causing problems.
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Where's the beef? Argentine steak exports slide as strong peso inflates costs
- Thread starter Colin
- Start date
CecilM
Active member
It’s ironic, isn’t it? We were told that freeing the market and letting the peso float would “fix” everything. Yet here we are , with an overvalued peso hurting one of our most iconic exports: beef.
This isn’t just about numbers. It’s about thousands of jobs in the meat industry, less foreign currency coming into the country, and rising prices locally, making it harder for Argentines to afford what used to be a staple on the dinner table.
And let’s be honest, this isn’t the invisible hand of the market working its magic. This is the result of a government that’s obsessed with showing quick “successes” in inflation control, even if it means damaging our productive sectors in the process.
Milei promised a real productive revolution, but what we’re seeing is short-term financial engineering and a deep disconnect from the realities on the ground.
Argentina doesn’t just need fewer regulations. It needs a strategy, one that includes industry, exports, and actual people.
This isn’t just about numbers. It’s about thousands of jobs in the meat industry, less foreign currency coming into the country, and rising prices locally, making it harder for Argentines to afford what used to be a staple on the dinner table.
And let’s be honest, this isn’t the invisible hand of the market working its magic. This is the result of a government that’s obsessed with showing quick “successes” in inflation control, even if it means damaging our productive sectors in the process.
Milei promised a real productive revolution, but what we’re seeing is short-term financial engineering and a deep disconnect from the realities on the ground.
Argentina doesn’t just need fewer regulations. It needs a strategy, one that includes industry, exports, and actual people.
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