minus-squaretmijail@lemmy.worldtoWorld News@lemmy.ml•Argentina Lifts Wages, Welfare in Defiance of IMF Austerity Pushlinkfedilinkarrow-up12·1 year agoThat was after the Argentine Peso lost 20% of it’s value in a single day to appease the IMF (according to the official exchange rate). Unless wages increase by more than 20%, then they’re not really increasing, just keeping up with inflation. linkfedilink
That was after the Argentine Peso lost 20% of it’s value in a single day to appease the IMF (according to the official exchange rate). Unless wages increase by more than 20%, then they’re not really increasing, just keeping up with inflation.