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Argentina Turned $10,000 in Peso Savings Into $114. Steve Hanke Says the Fix is Incomplete

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In Argentina, inflation has fallen sharply under Javier Milei. Yet a decade of destroyed savings and expensive long-term credit explains why Argentines continue to seek dollars. Argentines borrow at 29.9% on a long-term mortgage. Ecuadorian…

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Argentina Turned $10,000 in Peso Savings Into $114. Steve Hanke Says the Fix is Incomplete
BeInCrypto 2h ago

Argentina Turned $10,000 in Peso Savings Into $114. Steve Hanke Says the Fix is Incomplete

In Argentina, inflation has fallen sharply under Javier Milei. Yet a decade of destroyed savings and expensive long-term credit explains why Argentines continue to seek dollars. Argentines borrow at 29.9% on a long-term mortgage. Ecuadorian…