• Flying Squid
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    43 hours ago

    Why is low inflation but high poverty a good thing?

    • @FireTower
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      02 hours ago

      It’s not a good thing. No one here is arguing that poverty is good. It’s that their current choice is ‘still pretty high inflation w/ high poverty’ is preferable to ‘holy shit that’s their monthly inflation w/ high poverty’.

      Low poverty is no longer in Argentina’s deck for the foreseeable near future. Inflation will rob the working class people of any thing they are given or earn.

      • Flying Squid
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        22 hours ago

        The poverty was far lower before Milei started implementing austerity measures, so yes, by saying his measures are a good thing, you are saying high poverty is a good thing.