How to overcome hyperinflation? What is Argentina's "tactic"? [Economics column]
2025-02-16 00:49:00
President Milley of Argentina is also known as the "Argentine Trump" for his radical statements. In an attempt to save his country from hyperinflation, he has been unleashing one "outrageous tactic after another" to fulfill his campaign promise to cut government waste with a chainsaw. Speaking of which, prices in Japan have also continued to rise, and there has been debate in the Diet about whether the current economic situation can be called inflation, leading to a temporary appreciation of the yen in the foreign exchange market. What exactly are Argentina's bold inflation control measures? (Yoshinaga Tomoya, Sao Paulo Bureau Chief)
