• khannie@lemmy.worldEnglish
    296·
    2 years ago

    the Peso was not devalued by Javier Milei

    It absolutely was.

    it was already that bad before he became President, what he did was make the Government stop lying about it

    That’s…what official currency devaluation is…(frequently but not always and definitely in this case).

    • Coki91@dormi.zoneEnglish
      421·
      2 years ago

      When nobody uses the Official exchange rate for several reasons, you have to look at the exchange rate that people do use. On that matter, no the Peso was not devaluated, the official exchange just stopped being a lie, if you’d like to inform yourself about this please look at “Dolar Blue”

      On that note, the only Prices that changed are international companies’ prices because they do go by it. Local Prices and other countries exchanges did not change it’s valuation even a cent.

        • Coki91@dormi.zoneEnglish
          411·
          2 years ago

          Again, no

          The previous valuation was a lie. It did not exist, nobody could get it but politicians and friends of said power. What doesnt exist cant loose value

          The current however is real, and everyone can have at it. It does exist, and its been like that for a while.

      • khannie@lemmy.worldEnglish
        64·
        2 years ago

        You’re telling me things I already know.

        Have a nice day o/

        • Coki91@dormi.zoneEnglish
          48·
          2 years ago

          Strange to make false claims in the light of knowledge, bold to say the least