The Economist on Argentina's price control policy

[Dougie]

Well, yes, but this is an elementary truth of modern economics. Every professor of economics ever has said this, has taught this the first week of Econ 101.

The renewed inflation in the US is also the product of the Fed issuing massive amounts of dollars. But when they do it, it's called "Quantitative Easing", which makes it sound more cool. Almost every nation in the world is doing this right now. Argentina is just unique in having done this 24/7/365 for the last 50 years.

True, but it's not what the Ks say.

¿Por qué la economía argentina convive con alta inflación? | Las principales causas de los aumentos de precios

Si bien la inflación es multicausal, es decir que no se explica por una sola variable, la puja distributiva a nivel de las cúpulas empresarias es un factor determinante en la actualidad. Las grandes empresas que concentran el mercado elevaron sus expec...

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The US, Japan, etc can print more without negative consequences because they borrow in their own currency, unlike Argentina.

 

[Dougie]