The central bank will absolutely put the country into a recession to stop inflation. That’s usually why central banks aren’t controlled by the government in power, because the government in power can impact things to improve their situation at the expense of the country.
Too much inflation is bad. Inflation that Argentina has, that’s a whole other level, that’s a potential country killer.
Um it kinda is.
The central bank will absolutely put the country into a recession to stop inflation. That’s usually why central banks aren’t controlled by the government in power, because the government in power can impact things to improve their situation at the expense of the country.
Too much inflation is bad. Inflation that Argentina has, that’s a whole other level, that’s a potential country killer.