this post was submitted on 25 Nov 2023
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[–] [email protected] 31 points 10 months ago (6 children)

It seems the whole point is adopting a currency they can't print more of. Because of the 'print more money' thing doesn't seem to be solving their inflation issues.

[–] [email protected] 13 points 10 months ago (4 children)

For some context, during the last 4 years the quantity of money our governemnt needed to print* was so high that our printers weren't enough and we had to pay other countries to print more pesos.

[–] [email protected] 5 points 10 months ago (2 children)

For some context, during the last 4 years the quantity of money our governemnt needed to print* was so high that our printers weren’t enough and we had to pay other countries to print more pesos.

Usually in modern language "printing money" is simply the central bank moving a numbers on a spreadsheet, not necessarily creating new currency notes. This is especially true if the newly "printing money" is being used to repay foreign debts.

Are you saying Argentina is actually running out of currency? If so, where is it all going?

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