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Joined 2 years ago
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Cake day: June 18th, 2023

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  • You’re not wrong. There’s probably a better way to stabilize Argentina’s currency which won’t lead to as much suffering. But no one presented that better way.

    Peronists have been doing the same things for decades and it led to 40% poverty. Milei ripped off the band-aid and it led to 60% poverty. But it probably paved the way for lower poverty in the future.

    If you find a way to lower inflation (which helps everyone) and make the poorest people in society equally prosperous, I’m sure they’ll give you a Nobel in Economics for it.




  • Milei is a Christian, authoritarian, regressive fascist.

    And he would never have gotten into power if the Argentinian left had respected the independence of the central bank, been more pragmatic with their subsidies and let the market decide more of their economy. Protectionism doesn’t work and Argentina is a shining beacon letting everyone know that.

    The left in Argentina did this to themselves. Even the trade unions in Argentina are struggling with support because they’re seen as complicit in the country’s wild overspending.
















  • az04@lemmy.worldtome_irl@lemmy.mlme_irl
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    1 year ago

    The flu is also going strong, but people aren’t saying it still feels like 1918. I don’t know the definition of COVID-19 becoming endemic but it certainly feels like it has become that.

    And any reference I hear to it is no more common or strange than a reference to the flu or some other common illness.