2024-09-28 05:25:04
As Ms Weber claims, it's true that Milei's measure caused an increase in poverty. But talking about inflation using y/y numbers is misleading: during period of high price change, it' better to use the m/m data. Monthly inflation is down from the pre-Milei peak in Argentina. [Link][Link] NEEDS_MORE_RATINGS(94-11-90) Author
2024-09-28 18:31:10
Argentina's inflation didn't shoot up to 300% under Milei. Inflation dropped from 25.5% per month in December to 3.9% per month by August. The 300% figure represents the annual rate, which includes the months before Milei took office. Weber’s use of this number is misleading​. [Link] NEEDS_MORE_RATINGS(276-4-62) Author
2024-10-01 13:54:30
Since Milei entered the office, the YoY inflation rate increased by 81% first and now it is only 25% over Dec-23 Similarly, he increased MoM inflation rate first that is now 4% due to the deep recession. Burning down the economy to disinflation is not an achievement NEEDS_MORE_RATINGS(3-3-7) Author