The economic backdrop in Argentina

4 years ago a dollar could buy you 35 Argentine Pesos. Now it’ll buy you 350. Inflation in the South American nation is at 150% and GDP is shrinking rapidly. That’s the economic backdrop and the possible reason why Argentina voted to elect a self-described anarcho-libertarian Javier Milei who wishes to burn down the central bank. Jon Farmer is Editor-in-chief, Latin America Weekly Report joined Joe on the show to discuss economics in the South American Nation,

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06.45 21 Nov 2023

The economic backdrop in Argen...

The economic backdrop in Argentina

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Breakfast Business with Joe Lynam

Breakfast Business with Joe Lynam

Share this article

06.45 21 Nov 2023

4 years ago a dollar could buy you 35 Argentine Pesos. Now it’ll buy you 350. Inflation in the South American nation is at 150% and GDP is shrinking rapidly. That’s the economic backdrop and the possible reason why Argentina voted to elect a self-described anarcho-libertarian Javier Milei who wishes to burn down the central bank.

Jon Farmer is Editor-in-chief, Latin America Weekly Report joined Joe on the show to discuss economics in the South American Nation,

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Breakfast Business

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