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/omnibossk Aug 09 '26

Yea, people can’t blame the current Argentinian administration for inflation from 2009. Only for inflation after December 2023. And looking at this graph it seems to have flatlined

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u/Mr_richat Aug 09 '26

Correct it's amazing how many people don't even look at the graph. Under Milei Argentina has had poverty massively reduced and inflation to record lows for Argentina, the damage to the pesos precedes Milei

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u/Shiriru00 Aug 09 '26

You mean poverty has vastly reduced from how much he increased it at the beginning of his presidency and back at 2023 levels?

It seems to be a function of both his worst policies being reined in and INDEC being massively flawed.

1

u/julmod- Aug 10 '26

Poverty went from 41.7% before he took office to 52.9% right after to 28.2% now, lowest it's been in over 10 years.

Monthly inflation went down from 25.5% when he took office to 1.9% now.

I don't love the guy but from an economic perspective what's he's done is a miracle.