Argentine inflation has the country printing money in France, Malta, Spain, China and Brazil

Monday, April 24th 2023 - 17:02 UTC

Full article 9 comments

The explosive inflation situation in chaotic Argentina, close to 120% in twelve months, with the CPI at 7,7% in March ( and roaring during the three weeks of April) is showing that the country is incapable of supplying the necessary demand for bills and thus must appeal to the printing in foreign mint houses, of billions of Argentine bills. Read full article

Comments

Disclaimer & comment rules

Dirk Dikkler
What a Great idea when the country is going down the toilet just print more worthless peso`s.
Apr 24th, 2023 - 07:08 pm - Link - Report abuse +3
-+
Pugol-H
Is it worth the cost of printing this money, which will have to be paid for in Yankee dollar?

Whether they like it or not, Dollarization is the only real option now, it’s what is happening anyway.

Or maybe Yuanization could work? It’s what is happening to Russia.

Poetic really if CFK wins the next election, the symmetry of the Universe would be almost perfect.
Apr 24th, 2023 - 11:51 pm - Link - Report abuse +6
-+
FitzRoy
Next, they will be asking for a bail-out from the IMF. I feel sorry for the general population, but at least people like Carmona and Cafieri still have jobs.
Apr 25th, 2023 - 08:29 am - Link - Report abuse +4
-+
Steve Potts
Peronists are doing a fine job leading Argentina into the abyss.
Apr 25th, 2023 - 09:10 am - Link - Report abuse +3
-+
imoyaro
You see? I haven't been joking about these clowns printing money! ;)
Apr 25th, 2023 - 10:42 am - Link - Report abuse +3
-+
Livepeanuts
They want to change the currency to the Falkland Pound and call themselves North Falkland!
I agree with the comment up there, the only way out is to use the Dollar or Euro or something that sticks, peso is dead.
Apr 25th, 2023 - 01:02 pm - Link - Report abuse +2
-+
Chicureo
Personally saddened for my Argentine neighbors economic collapse, but it's certainly
self inflicted.

I'd also comment that mestizo gypsy daughter
has given birth to our 5th grandchild this weekend.
Apr 25th, 2023 - 04:33 pm - Link - Report abuse +1
-+
Pugol-H
Chicureo
Congratulation to you and your family.

A special time to enjoy.
Apr 25th, 2023 - 11:21 pm - Link - Report abuse +2
-+
Chicureo
Pugol

Thank you for your kind congratulations! This is our 3rd granddaughter and life is truly wonderful.
Apr 26th, 2023 - 12:30 am - Link - Report abuse +1
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!