NBS on Nostr: Rest in Peace Argentinian Peso Graphed is the value of 1 Argentinian Peso vs the ...
Rest in Peace Argentinian Peso
Graphed is the value of 1 Argentinian Peso vs the dollar, aka how many pesos it takes to buy $1. A populist like Milei winning an election is no surprise when your currency debases +3x in 2 years. The guy ran on ousting the central bank, who is responsible for controlling inflation.
Wild to see this level of hyperinflation. Only going to get worse but rightly so. As a side note, Milei also told BRICS to effectively go fuck themselves, in favor of the US Dollar…
Graphed is the value of 1 Argentinian Peso vs the dollar, aka how many pesos it takes to buy $1. A populist like Milei winning an election is no surprise when your currency debases +3x in 2 years. The guy ran on ousting the central bank, who is responsible for controlling inflation.
Wild to see this level of hyperinflation. Only going to get worse but rightly so. As a side note, Milei also told BRICS to effectively go fuck themselves, in favor of the US Dollar…