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by sickmartian 1675 days ago
I live in Argentina, we breathe high inflation.. it's not nice, but good companies will compete on how to handle this, currently:

- Some companies pay part of the salary in a stronger currency (USD) - I get this is probably not viable for your current scenario, and it a perk I don't actually get, but my wife does.

- Some companies have quarterly or bi-monthly inflation rate adjustments, this is semi-automatic, we subscribe to an independent party that measures inflation and whatever number they come with goes, this is because Argentina has a history of fudging the numbers to make the government look good.

It will still require adjustments from the individuals, even if you have a cooperating employer, for example you probably want to buy stuff as soon as you get paid, otherwise you are losing money.

1 comments

I thought the gov't was making it harder to trade in USD. Is that not correct?

What about crypto? I was also under the impression that Argentina had strong crypto use as savings.