Hi Cryptomunity!
I've the partial disgrace of living in Argentina,and as some surely know, the major issue in this land is the inflation.
Several charts, columns and comparision lists are showed by economists trying to find the correct answer, buy for we, the inhabitants, the inflation is at least 100% interannual (comparating Argentinian peso vs. American Dollar)
For an easy explanation, the value of the peso in 2015 was $15=1u$. Today, august 4th 2023 is (sadly) $570=1u$ (and incrasing)
Sergio Massa, the current minister of economy (and candidate for president this year, really. No joking) Have not clue to how escape from this endless falling.
In addition, the central bank have no liquidity in dollars, so we, the common people, are not able to buy dollars (in the legal market) to avoid the depreciation of the peso
Any good news?
Could say yes
For argentinians?
Could say no