this post was submitted on 30 Aug 2023
72 points (100.0% liked)
World News
32297 readers
811 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That was after the Argentine Peso lost 20% of it's value in a single day to appease the IMF (according to the official exchange rate). Unless wages increase by more than 20%, then they're not really increasing, just keeping up with inflation.