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WHY Can’t ARGENTINA Beat INFLATION? - VisualPolitik EN
Posted
September 17, 2019
Views
140,017
Likes
4,522
Comments
811
Engagement
3.81%
September 17, 2019
140,017
4,522
811
3.81%
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13:33Now PlayingArgentina is one of the few countries in the world that is experiencing chronic inflation, inflation that they can’t get rid of. Argentina has lived under inflationary processes for at least the last five decades.
In fact, since the Central Bank of Argentina was created in 1935, the average annual inflation rate has remained above 60%... that’s for over 80 years!
Now, why can’t Argentinians get rid of inflation? What role does the political class, businessmen and citizens play in all this? Why is the dollar so present in the minds of Argentines?
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