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Does Argentina just not care about inflation at this point?


its normal now, everybody knows how to work with it - buy with credit payable in 6/12 months, take advantage of government credit to offset it (often such credits are below inflation)

Also buy street dollar (blue) with whatever you manage to save, etc - to sell it later to preserve value

At this point after many decades of inflation every argentinian is a hobbyist economist himself (otherwise you couldn’t make it month to month)


Surely there are still downsides to the wider economy even if people have managed to adapt?


yes major downsides, these are only strategies to get by


I think once you're past 100% you're fucked anyway. Might as well YOLO it.


The US is way past 100% now:

https://www.usdebtclock.org/


Parent is referring to rate of inflation (> 100% currently in AR, not remotely comparable to US), not to national debt.


Hmm, hopefully people have enough avenues to match the extra income that they are going to generate




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