Shardikprime@lemmy.world to News@lemmy.world · 21 hours agoJavier Milei’s first year: $3 billion surplus and tenfold lower inflation in 2024www.financial-world.orgexternal-linkmessage-square55fedilinkarrow-up182arrow-down120
arrow-up162arrow-down1external-linkJavier Milei’s first year: $3 billion surplus and tenfold lower inflation in 2024www.financial-world.orgShardikprime@lemmy.world to News@lemmy.world · 21 hours agomessage-square55fedilink
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up3arrow-down2·10 hours agoThe poverty was far lower before Milei started implementing austerity measures, so yes, by saying his measures are a good thing, you are saying high poverty is a good thing.
minus-squareFireTower@lemmy.worldlinkfedilinkarrow-up1·4 hours agoOnly if you believe there is no direct connection between the devaluation of people’s savings paired with increased costs of goods and poverty. Hyper inflation in itself leads to poverty.
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up1·7 minutes agoThen why is poverty so much higher now than it was before Milei started implementing his libertarian ideas?
The poverty was far lower before Milei started implementing austerity measures, so yes, by saying his measures are a good thing, you are saying high poverty is a good thing.
Only if you believe there is no direct connection between the devaluation of people’s savings paired with increased costs of goods and poverty.
Hyper inflation in itself leads to poverty.
Then why is poverty so much higher now than it was before Milei started implementing his libertarian ideas?