{"id":55477,"date":"2024-06-28T10:39:14","date_gmt":"2024-06-28T14:39:14","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=55477"},"modified":"2024-06-28T10:39:14","modified_gmt":"2024-06-28T14:39:14","slug":"what-a-difference-an-election-made","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=55477","title":{"rendered":"What A Difference An Election Made"},"content":{"rendered":"

On Monday, Breitbart<\/a> posted the following headline:<\/p>\n

Argentina Logs First Week with No Inflation in Food Prices in 30 Years<\/h1>\n

This is one of many positive results of the election of President Javier Milei, who began his term as President in December 2023.<\/p>\n

The article reports:<\/p>\n

A study published<\/a> on Sunday by Econom\u00e9trica<\/i>, a private Argentine consulting firm, first reported the no-inflation week. In its study, Econom\u00e9trica<\/i> analyzed 8,000 prices in local online supermarkets and found no change when compared to the preceding week \u2014 something that has not happened in Argentina in three decades. In addition to the lack of variation in prices in one week, the study found that the prices of food and drinks only experienced an increase of 0.1 percent in the past 15 days.<\/strong><\/p>\n

…Upon taking office in December, Milei enacted a series of \u201cshock therapy\u201d economic policies to restore Argentina\u2019s economy after nearly two decades of socialist rule left it in a precarious state and on the verge of a hyperinflation spiral.<\/strong><\/p>\n

Since then, monthly inflation rates in Argentina have experienced a dramatic and continued downward trend, going from 25.5 percent in December to 4.2 percent in May<\/a>, the lowest rate experienced in the country in over two years. In April, Argentina recorded<\/a> a surplus of its gross domestic product (GDP) during the first quarter of the year \u2014 something that the South American nation had not seen since 2008.<\/strong><\/p>\n

Milei is in the Czech Republic on the final stop of a four-day tour<\/a> of Europe that began on Friday with a visit to Spain, followed by a two-day stop in Germany over the weekend that included an encounter with German Chancellor Olaf Scholz. Milei is slated to meet with Czech Prime Minister Petr Fiala on Monday morning.<\/strong><\/p>\n

The article concludes:<\/p>\n

Milei also confirmed that his administration would not promote a devaluation of the Argentine peso, echoing statements<\/a> by Economy Minister Luis Caputo last week where he ruled out such plans. Caputo instead said he would continue implementing the current plan, which focuses on maintaining a good relationship with the International Monetary Fund (IMF) and upholding a currency exchange system that allows companies to sell 20 percent of their income in U.S. dollars in the financial market and settle the remaining 80 percent at the official exchange rate.<\/strong><\/p>\n

\u201cThere are professionals who, in order to justify and wash their mistakes, make unfortunate arguments, which speak more about what they want to happen than what really has to happen,\u201d Milei said. \u201cThere are sectors that find it convenient to have low dollar salaries and more poor and indigent people, and we believe that the situation works in a different way.\u201d<\/strong><\/p>\n

This could happen in America with the proper election results.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Monday, Breitbart posted the following headline: Argentina Logs First Week with No Inflation in Food Prices in 30 Years This is one of many positive results of the election of President Javier Milei, who began his term as President … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1807,17154,10348,6252,11465,3428,15384,8123,2769],"class_list":["post-55477","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-argentina","tag-argentina-president-javier-milei","tag-breitbart","tag-breitbart-com","tag-economic-policies","tag-economy","tag-food-prices","tag-inflation","tag-international-monetary-fund"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/55477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55477"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/55477\/revisions"}],"predecessor-version":[{"id":55478,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/55477\/revisions\/55478"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}