I went to Buenos Aires on vacation earlier this year (late February / early March). I had a wonderful time and would have no hesitation about going back.
There were a few annoyances, such as the different exchange rates and it being nearly impossible to buy a subway pass, but otherwise no more challenging than anywhere else.
As I understand, the economy mostly runs on gray market US currency (gray market because the Argentine government doesn't acknowledge real exchange rates and sometimes takes capricious action against US currency use.)
There is the official exchange rate set by the government and a number of other rates for various purposes.
The two of relevance to someone visiting from the US on vacation are the "blue dollar" (a black market exchange rate that's basically double the official rate) and the MEP rate (exchange rate used by some, but not all, purchases on American credit cards).
I don't think so. People don't give Jerome Powell the credit he deserves. I think he (and the Fed as a whole) will stick to their guns, they'll raise rates and keep them high for much longer than people expect. And they'll put a lid to inflation pressures. Of course, they'll be criticized by lots of armchair quarterbacks that they are destroying the economy, they are lackeys of the rich, or god knows what, but they'll do the job they are supposed to do, fight inflation. They've been doing this for more than a year now.
US inflation got to 14% in 1980 and people cried bloody murder. It hasn't gotten that bad yet this time around, but I don't think there is much appetite for hyper inflation in the USA, let alone a repeat of the 70s.
I wonder if their economy has an impact on the price of lithium and whether or not this was made on purpose to counter China's plan, if so, then by whom and how?
I still find it hard to believe that they reached triple digit inflation, especially now that COVID is in the past..
That reminds me of DRC Congo, lot of gold, yet a very poor country, at the mercy of foreign interests
Inflation has run at ~2-3% since the 1990's.[1] And according to that chart, inflation took off in 2020. You might want to check your reasoning on this issue.
