Cry For Argentina! Inflation At 114% And Sovereign Bond (8.23%) Priced At 37 (Covid-related M2 Money Growth = Inflation)

Sharing is Caring!

by confoundedinterest17

Cry for Argentina! The people, not their government or Central Bank.

Argentina has similar problems to the US in terms of the Covid outbreak in 2020. Their Central Bank went wild (as did The Federal Reserve) in terms of printing money.

See also  No better sign that the economy is cooked than when white women stop spending money on vagina scented candles.

Argentina is still printing like mad. At 81% YoY! And inflation is growing at 114%.

See also  Taxpayer money funneled to political campaigns

 


Views: 60

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.