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  US big-cap investors bullish, small businesses pessimistic amid rising inflation and poor sales.

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

See also  Retirement funds de-risking with bond shift; Global managers raise commodities exposure; US "super-core" inflation is rising fast

 

Views: 55

Leave a Comment

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