Argentina approved the new 20,000 and 10,000 peso bills as its hyperinflation rises to 200%. Argentina approved the new 20,000 and 10,000 peso bills as the hyperinflation in the South American country further worsens.
The Argentinian people voted for the right-wing economist Javier Milei out of “despair in a hopeless situation,” Professor Heinz Dieterich, former adviser to the late Venezuelan president Hugo Chavez, told Sputnik.
Argentine libertarian candidate Javier Milei has won the presidential election by gaining 56% of the vote, while his rival, Minister of Economy Sergio Massa, got 44% and conceded. What does Milei s victory mean for Argentina?
Once we had economists, there would no longer be a problem and no inflation would ever happen again, right? WRONG! Here are 5 instances of terrible inflation from both recent history and way back in the past.