70% of workers in Argentina earning under 550k pesos a month

[MilHojas]

70% of workers in Argentina were earning under 550,000 pesos a month in June

Seven out of every 10 households were earning less than a million pesos a month in June, according to INDEC data.

www.batimes.com.ar

 

[SinPulgas]

This looks like the source for the above article:
El 70% de los trabajadores gana menos de $550.000, según el INDEC
It has more details than the OP's link.

(I don't provide links to articles translated because surely many people here would like to see the unadulterated source. If you want it translated, open it in Chrome, right click on the page, and choose "Translate," or use another method.)

 

[sergio]

"Broken down by strata, average income was $156,476 for the lowest strata, $422,891 for the middle strata, and $1,133,786 for the highest strata."

 

[Quilombo]

70% of Argentines earn less than $458/month, now that's a sign of a healthy economy! VLLC!

 

[Ries]

But they are still going to exchange all their billions of US paper currency for pesos, and prove Milei was right all along!

 

[Ceviche]

But they are still going to exchange all their billions of US paper currency for pesos, and prove Milei was right all along!

means?

 

[Quilombo]

means?

He's making fun of Milei's endogenous dollarization idea, which can't happen when 70% of the country earns less than $500/month.

 

[antipodean]

Cuál es el salario básico de un empleado de comercio en octubre 2024

La última paritaria definió nuevos valores para los salarios básicos para este mes, variando según la categoría del trabajador y los adicionales que pueda recibir

www.infobae.com

Salaries for FAECYS unionized workers in frontline jobs such as retail, call-center and administration from October:
Category A (Lowest) - ARS 825.911 + benefits & bonuses

This union has over 1.200.000 workers as members.

 

[sergio]

He's making fun of Milei's endogenous dollarization idea, which can't happen when 70% of the country earns less than $500/month.

He isn't talking about dollarisation any more, is he?

 

[Quilombo]

He isn't talking about dollarisation any more, is he?

He and Caputo have shifted to this endogenous dollarization idea, but he doesn't say it out loud, just behind closed doors to the caste. I've argued against dollarization and said he was lying during the campaign because nobody would be stupid enough to lend us the money to dollarize and now we're here where the best people can hope for is a sort of bimonetarism which Bullrich's candidate for Economy Minister had she won was arguing for, yet all the LLA people called him dumb and a member of the caste and now look where we are.

Nothing new under the sun.