Argentina's new government devalues peso by more than 50% (opens in new tab)

(theguardian.com)

3 pointsngram2y ago1 comments

1 comments

I need an economist to explain this to me like I am five. Fighting inflation by devaluing the currency seems to be going in the opposite direction.

j / k navigate · click thread line to collapse

I need an economist to explain this to me like I am five. Fighting inflation by devaluing the currency seems to be going in the opposite direction.

j / k navigate · click thread line to collapse