Supermarkets in Argentina reduce prices up to 20% without any interference from the state. Price controls made everything more expensive.

4 comments

1. I’d love more info in this

2. This attempted reset will go down in the history books as either one of the greatest turnarounds or one of the greatest fails that utterly collapsed a society. I could certainly be wrong, but I think at this point, it may be the only way to do it.

   Hoping for the best for the people in Argentina.

3. 1) there was an agreement between the government and these supermarkets to reduce the price of 20 products. That after prices had soared in less than a weak of Milei in power.

   2) Argentine politics has been, for decades, an aggressive ideological pendulum that goes from extreme neoliberal to extreme interventionism. They always leave it worse. It was like that with Menem and Macri on the right and Kirschner and Fernandez on the left. They always undo any little good their predecessors might have done.

   3) Milei is not just a libertarian economist. He’s a guy who asks advice to his dead dogs. I’m not joking. So to the enthusiastic neoliberals in the sub: don’t expect him to implement any rational policies.

4. It’s very hard finding a translated article on this that isn’t an opinion piece.