Argentina's Peso, Nothing But Trouble

in #argentina • 5 years ago

Argentina's Peso, Nothing But Trouble.PNG

This week, #Argentina released its February #inflation statistics. Inflation spiked, again. Indeed, the official annual inflation rate jumped to 51.3%/yr. The lesson from this is clear: Argentina’s 22nd program with the International Monetary Fund (#IMF) is not working.

Find out more in this RTD News Update here: https://www.rethinkingthedollar.com/argentinas-peso-nothing-but-trouble/

#peso #money #debt #inflation
5 years ago in #argentina by
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