The economic backdrop in Argentina
An episode of the Breakfast Business with Joe Lynam podcast, hosted by Newstalk, titled "The economic backdrop in Argentina" was published on November 21, 2023 and runs 5 minutes.
November 21, 2023 ·5m · Breakfast Business with Joe Lynam
Episode Description
4 years ago a dollar could buy you 35 Argentine Pesos. Now it’ll buy you 350. Inflation in the South American nation is at 150% and GDP is shrinking rapidly. That’s the economic backdrop and the possible reason why Argentina voted to elect a self-described anarcho-libertarian Javier Milei who wishes to burn down the central bank.
Jon Farmer is Editor-in-chief, Latin America Weekly Report joined Joe on the show to discuss economics in the South American Nation,
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