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  Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year

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

See also  Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years

 


Views: 60

Leave a Comment

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