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Argentina announces a 50% devaluation of its currency as part of shock economic measures

https://www.cbsnews.com/news/argentina-announces-a-50-devaluation-currency/

The sharp devaluation of its currency and other cuts are needed to deal with an economic "emergency," said President Javier Milei.

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joelimgu

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Ok, you cant print it indefenetly (saying the opposite is just ignorant). Also, it can be better for neocolonialism and for the country, its not mutually exclusive.

And, can I as you how do you expect a country to buy oil, chips, planes, etc? A genuine question. If you dont export anything how do you convince other countries to guive you stuff?

When I say globally competitive I mean having something that other countries pay you to make, thats it. And why? So that you can then pay them to guive you stuff.

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