Birdwatch Note Rating
2024-06-05 03:43:46 UTC - HELPFUL
Rated by Participant: 9BAD45F448CB04F05B066DBCD69C6901DB1A8AD06E9DEBE70EE7AC26BECD88CB
Participant Details
Original Note:
One of the sources of hyperinflation was his decision to devalue the Argentine peso by 50% against the US dollar. If inflation was so low in the months that followed, it was because it was difficult to have a rate that rose even higher. https://www.reuters.com/markets/currencies/argentine-black-market-peso-hits-record-low-milei-rally-falters-2024-05-22/ https://www.reuters.com/world/americas/argentina-inflation-cools-more-than-expected-february-hits-276-annually-2024-03-12/
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