I think that article is not well researched. Devaluing the currency causes inflation (in Argentina’s case), not the opposite. In fact, Milei did not sufficiently devalue the peso, because devaluing further would have caused more inflation. It’s exactly because he did not sufficiently devalue that the peso is now in crisis.

I don’t know about the other ones, but under Milei housing listings have become cheaper, when adjusted for inflation.

I had fault in my server this summer and my local bitwarden app wouldn’t work without the connection. Same in my laptop, if the connection is blocked by the firewall it doesn’t let me load the vault at all.

A flotilla is a small fleet, are you saying there are several fleets heading to Gaza?

I saw a video on this by Ann Reardon a few months ago, it explained what happened well: https://youtu.be/Q_G6y3L0oQI

I use Firefly III for personal finance

Very nice news, I hope it will bring water safety and flood control to the region.

I use OpenMediaVault and have almost everything managed and backed up by the Compose plugin from OMV extras, I clouding immich and nextcloud

I think you could do both with each service’s external library feature

I’m in Lisbon and right before the power went out the lights flickered like crazy for a good second.

I need to read Amusing Ourselves to Death…

This could have been a The Onion title

You’re not wrong. There’s probably a better way to stabilize Argentina’s currency which won’t lead to as much suffering. But no one presented that better way.

Peronists have been doing the same things for decades and it led to 40% poverty. Milei ripped off the band-aid and it led to 60% poverty. But it probably paved the way for lower poverty in the future.

If you find a way to lower inflation (which helps everyone) and make the poorest people in society equally prosperous, I’m sure they’ll give you a Nobel in Economics for it.

Lowering inflation when it’s too high is always a question of short term pain for some people to get long term benefits for most people.

Inflation is going down. That brings hope. A year ago some saw their life savings’ purchasing power cut to a third. That brings despair. This year it only went down by half, which brings hope because it’s an improvement. Once inflation is at a reasonable level, economic growth will have to bring hope, which it probably won’t, since Milei will be focused on lowering debt and trying to fill the hole in the central bank, which still stands at negative 7 billion dollars in foreign reserves.

Milei is a Christian, authoritarian, regressive fascist.

And he would never have gotten into power if the Argentinian left had respected the independence of the central bank, been more pragmatic with their subsidies and let the market decide more of their economy. Protectionism doesn’t work and Argentina is a shining beacon letting everyone know that.

The left in Argentina did this to themselves. Even the trade unions in Argentina are struggling with support because they’re seen as complicit in the country’s wild overspending.

Because in the long term, very high inflation leads to everyone being poorer. And Argentina is the very best example of this.

A country that went from being the 6th richest in the world to having over half the population in poverty in 100 years. All thanks to protectionism, subsidized living costs, low taxes and printing money to make up the difference.

And let’s not forget fleecing the international community for money to rebuild the economy several times and then not paying it back.

It’s unfortunate that he’s lived to be 95 and still hasn’t managed to swallow his ego and admit the Bosnian or Cambodian genocides happened. I guess the ideological blindness is just too strong.

Destroying the subsidies that the previous governments had has made inflation worse in the short term but should improve it in the long term. He says this and people believe it, so they’re powering through the bad times awaiting the better times. In a way he’s in his honeymoon period, and some people like him better because he’s actually following through his policies instead of being all talk.

In European Portuguese it’s “Feira da Ladra”, or “Fair of the (female) Thieve”

You beg for your life like a bIHnuch!