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Argentina opposition calls for impeachment of Javier Milei after cryptocurrency collapse (www.theguardian.com)

submitted 4 days ago by Powderhorn to c/news

12 comments fedilink hide all child comments

It's almost like crypto is in general a scam.

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[–] jarfil 1 points 3 days ago

To be fair, I haven't been following Argentina too closely. Still, remembered how during the campaign, he promised to "reduce inflation to 150% and devalue by 50%"... which was like "what? so 300%?". Not sure how they managed to close the year at 117% (and 54%), in October it was at 193% (and 54%). I haven't checked the full "inflation & devaluation" series.