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Breakfast Business with Joe Lynam

The economic backdrop in Argentina

21 Nov 2023

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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