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[-] CarbonScored@hexbear.net 48 points 6 months ago

annual inflation stands at 290 percent year-on-year, poverty levels have reached 60 percent and wage-earners have lost a fifth of their purchasing power.

and a near 500-percent increase in energy costs

"At the rate at which they are funding us, we can only function between two and three more months," University of Buenos Aires (UBA) rector Ricardo Gelpi said.

Turns out the economy isn't quite as simple as "If the state does not spend more than it collects and does not issue, there is no inflation. This is not magic,"

this post was submitted on 24 Apr 2024
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