I close my eyes and I can picture the scenes we keep hearing about across the Spanish-speaking world—from quiet provinces to crowded capitals. Hands full of paper. Banknotes that once promised a future, and now barely reach for the basics.
And I’m not only talking about headlines. Almost every day, different banknotes end up in my hands—bills carried by migrants from Colombia, Venezuela, Peru, Argentina. They are beautiful in design, full of color and detail… and yet, so often, they represent almost nothing.
When someone tells you, ‘This is 2,000 pesos,’ and you remember what that used to mean a few years ago, it gives you a strange kind of headache—part math, part grief.
Inflation is not just a number on a spreadsheet. It is a silent tax on time and effort. It punishes wages, erodes savings, and forces people to live faster than their own plans. In extreme cases, it doesn’t just raise prices—it breaks trust.
Because money is not only paper. It’s a social agreement. And when that agreement collapses, the question is not ‘How much do I have?’ but ‘What can I still rely on?’
That question is one of the engines behind my book project, "Materialismo y Amor". We are trained to measure our worth through possessions—pure materialism. But what happens when possessions lose their meaning, or when the currency that supposedly measures them melts between our fingers?
There is something inflation can’t devalue: dignity. The human ability to create, to care, to love, and to keep a moral spine even when the system can’t keep its promises.
The indispensable isn’t printed. It isn’t issued by a central bank. It’s built—inside us, between us, and in the words we choose to live by.
Question for readers:
What, for you, still holds real value when money stops making sense? I’d love to read your perspective in the comments.