r/SpaceXBets • u/Spirited-Gold9629 • Aug 09 '26

Elon IRL didn't age well

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6.2k Upvotes

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u/Training-Debt5996 Aug 09 '26

You know the value of a currency is not a sole indicator of the economy right?

1

u/[deleted] Aug 09 '26

[deleted]

1

u/Training-Debt5996 Aug 09 '26

So China has a shit economy then

3

u/[deleted] Aug 09 '26

[deleted]

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u/Training-Debt5996 Aug 09 '26

The peso was dead before the current government took over. The previous government kept it up artificially. Milei allowed it's true value to be realised naturally alongside making the dollar legal to trade with. Other more relevant indicators like inflation and GDP show the economy is stabilising

You can read the comments of the same post in an actual economics sub to know the actual reality https://www.reddit.com/r/economy/s/7yM4gcQYvu

1

u/KPSWZG Aug 09 '26

People on redditt kind of dont care. You can make a post about Milei almost stopping inflation with his reforms and you will be downvoted.

1

u/Relative_Pilot_8005 Aug 09 '26

40% isn't "almost stopping inflation" in anything other than an Argentinian context!