Argentina completely overtook Venezuela and was far ahead.
But whether this pot should be carried by Milai, who just took office in December last year, netizens debated.
As an expert in economics, Milley immediately launched a package of measures to cut public spending in response to Argentina's runaway inflation that has been out of control for many years, which are typical steps of Western economics, but according to this, Milley is an undercover agent sent by the United States, obviously forgetting that Milley was sent to the ** government by the Argentine people with their votes.
Mankiw makes it clear in Principles of Economics that the only cause of inflation is the issuance of excessive amounts of money, and the only solution is to control spending and return to the range that matches income.
In January of this year, Argentina had achieved a national public sector surplus of 5,1840.8 billion pesos, the first fiscal surplus since August 2012, and without a deficit in the public finances, provided that interest has already been paid on the debt.
At present, some economists are optimistic that Argentina has regained its surplus and fiscal surplus, and as long as it can effectively maintain it for more than a year, there is no need to issue money indiscriminately, and inflation will naturally go down.