The decision that saved Australia from Argentina's 100 per cent inflation nightmare

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10/08/2023 16 min
The decision that saved Australia from Argentina's 100 per cent inflation nightmare

Listen "The decision that saved Australia from Argentina's 100 per cent inflation nightmare"

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Episode Synopsis


Inflation in Argentina is at 100 per cent. The government is printing money fast and locals are spending in US dollars because the peso is so unreliable. The economy is like a rollercoaster.It might be tempting to think, "they're different over there", but here's the thing: they're kind of not. Argentina — one of the wealthiest countries in the world — was once uncomfortably similar to Australia. Until it totally lost control of its own economy.
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