This article is straight up missinformation. The person who did that quote, ON TWITTER is not affiliated to the Political Party of the Government, they are in fact Opposition
The Guardian showing being a shit source
Edit: Also want to note, multiple claims on the Article not related to the headline are also fake, the Peso was not devalued by Javier Milei, it was already that bad before he became President, what he did was make the Government stop lying about it
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.
What’s the wrong information in the article?
Leftist legislator and former presidential candidate Myriam Bregman said on X (formerly Twitter): “What Bullrich announced is absolutely unconstitutional … The right to protest is the first of all rights.”? José Luis Espert, a legislator with Milei’s party, Liberty Advances, replied with a three-word phrase: “Prison or bullet.”?
The article I read states reducing the peso by 50% to be apart of the newly elected presidents administration to address the economy. His economy minister, Luis Caputo, moved to weaken the official exchange rate to 800 pesos a dollar – it had been 366.5 – in a televised address after the local markets closed on Tuesday. He said the central bank would target a monthly devaluation of 2%.“The objective is simply to avoid catastrophe and get the economy back on track,” Caputo said, in a recorded speech. “There is no more money.” The president of Argentina posted , “Today inflation is travelling at a daily rate of 1%, that means it is travelling at a yearly rate of 3,678%,” Milei said on his Instagram feed on Friday.
Jose Luis Espert is not in Milei’s Party, as mentioned he is opposition, the claim of “Prison or Bullet” shall not be attributed to his Government. And the “Devaluation” of the PESO is rather complex to explain but basically the only effect is big companies changing their prices accordingly.
Local Prices were already based on the ACTUAL DOLLAR PRICE of the Alternative Market (Not the official) known as “Dolar Blue” the previous official amount was a lie from the previous government that allowed them to steal from Argentina’s workers if they moved their dollars into the country (legally that is) and of course no Argentine had access to dollars at that price as the previous government NEVER allowed normal folk to buy it, only politicians, and in case you were wondering YES it was THAT BROAD DAYLIGHT ROBBERY
The rest of the claims are true but given how the most alarming claims were lies I advice you to please enforce critical thinking and decide wether the source is biased or not
It’s impressive there’s even a fight to be had here, I expected Lemmy to be way more critical than Reddit but people seem to boast being lied to, meanwhile in Reddit this article has already been taken down for missinformation, thanks to the dozens of Argies providing proof of it being the case, saying the same things I am
I mean this place is a leftism cesspool, even more than Reddit. I’ll post miles new measures for the first week in Spanish on the arg Lemmy if you want
This article is straight up missinformation. The person who did that quote, ON TWITTER is not affiliated to the Political Party of the Government, they are in fact Opposition
The Guardian showing being a shit source
Edit: Also want to note, multiple claims on the Article not related to the headline are also fake, the Peso was not devalued by Javier Milei, it was already that bad before he became President, what he did was make the Government stop lying about it
It absolutely was.
That’s…what official currency devaluation is…(frequently but not always and definitely in this case).
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.
So like, it was devalued.
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.
You’re telling me things I already know.
Have a nice day o/
Strange to make false claims in the light of knowledge, bold to say the least
What’s the wrong information in the article? Leftist legislator and former presidential candidate Myriam Bregman said on X (formerly Twitter): “What Bullrich announced is absolutely unconstitutional … The right to protest is the first of all rights.”? José Luis Espert, a legislator with Milei’s party, Liberty Advances, replied with a three-word phrase: “Prison or bullet.”? The article I read states reducing the peso by 50% to be apart of the newly elected presidents administration to address the economy. His economy minister, Luis Caputo, moved to weaken the official exchange rate to 800 pesos a dollar – it had been 366.5 – in a televised address after the local markets closed on Tuesday. He said the central bank would target a monthly devaluation of 2%.“The objective is simply to avoid catastrophe and get the economy back on track,” Caputo said, in a recorded speech. “There is no more money.” The president of Argentina posted , “Today inflation is travelling at a daily rate of 1%, that means it is travelling at a yearly rate of 3,678%,” Milei said on his Instagram feed on Friday.
What the other user said about José Luis Espert is true, he left the party half a year ago. Milei said “he chooses to stand with political caste”.
That is quite remarkable, as theguardian made a misleading clickbait headline that anyone can verify even with wikipedia.
Jose Luis Espert is not in Milei’s Party, as mentioned he is opposition, the claim of “Prison or Bullet” shall not be attributed to his Government. And the “Devaluation” of the PESO is rather complex to explain but basically the only effect is big companies changing their prices accordingly.
Local Prices were already based on the ACTUAL DOLLAR PRICE of the Alternative Market (Not the official) known as “Dolar Blue” the previous official amount was a lie from the previous government that allowed them to steal from Argentina’s workers if they moved their dollars into the country (legally that is) and of course no Argentine had access to dollars at that price as the previous government NEVER allowed normal folk to buy it, only politicians, and in case you were wondering YES it was THAT BROAD DAYLIGHT ROBBERY
The rest of the claims are true but given how the most alarming claims were lies I advice you to please enforce critical thinking and decide wether the source is biased or not
Bootlickers are the worst.
You’re really fighting the good fight here
It’s impressive there’s even a fight to be had here, I expected Lemmy to be way more critical than Reddit but people seem to boast being lied to, meanwhile in Reddit this article has already been taken down for missinformation, thanks to the dozens of Argies providing proof of it being the case, saying the same things I am
I mean this place is a leftism cesspool, even more than Reddit. I’ll post miles new measures for the first week in Spanish on the arg Lemmy if you want
There’s an Arg lemmy? If so mind linking it, dont think I’ve seen one yet