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In Uruguay, and I imagine Argentine as well, several social security payments are directly tied to inflation. Salary increases are also inflation-adjusted, whi

In Uruguay, and I imagine Argentine as well, several social security payments are directly tied to inflation. Salary increases are also inflation-adjusted, which leads to unions calling governments liars, governments calling the unions greedy and liars, etc... Inflation is a serious thing, especially in these countries.

iwwr 13y ago
If the government is fighting to maintain a legally mandated purchasing power, that just guarantees even higher inflation. Either they are willing to suspend the guarantee, or let the currency dissolve in (yet another) hyperinflation.