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by fazeirony 546 days ago
i also hear official inflation numbers in the US are 'low' right now too, yet that doesn't mean prices are down or that things are affordable to the common person. my lived reality talking to actual citizens tells me a lot of folks are struggling. if anything, applying that same experience to argentina is my mistake. i guess.
2 comments

Low inflation doesn't mean that prices will fall. That would be deflation, and deflation is bad for the economy.
I guess we should ignore statistics and focus on anecdotes when making economic decisions.