Has Milei fixed Argentina’s inflation problem?
More or Less: Behind the Stats
BBC
4.6 • 3.5K Ratings
🗓️ 26 April 2024
⏱️ 10 minutes
🧾️ Download transcript
Summary
Libertarian popularist Javier Milei won the presidential election in Argentina on a promise austerity and economic “shock” measures for the ailing economy. Just a few months in, some are hailing the falling rate of inflation as showing those measures are working. Economist Monica de Bolle, senior fellow at the Peterson Institute for International Economics, explains whether that thinking is correct.
Presenter/producer: Tom Colls Producer: Ajai Singh Production co-ordinator: Brenda Brown Sound mix: Graham Puddifoot Editor: Richard Vadon.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I'm Helena Bonkarter and this is history's secret heroes. |
| 0:07.0 | In this series we'll hear stories of daring secret missions and rarely heard tales from World War II, like Emily, the enigmatic high-ranking |
| 0:17.2 | codebreaker, and Tremont, the escape artist, interned in a German camp. |
| 0:24.0 | Tales of danger, dynamism and downright determination. |
| 0:27.8 | The new series of history's secret heroes, |
| 0:30.5 | listen first on BBC Sounds. |
| 0:33.0 | Hello and thanks for downloading the more or less podcast. |
| 0:37.0 | We're the program that looks at the numbers in the news and in life. |
| 0:41.0 | I'm Tom Coles. |
| 0:52.0 | Argentina has struggled with a huge inflation problem for years, but one man had a plan. During his campaign to become |
| 0:56.8 | president, Libertarian economist have the air-milay grabbed international |
| 1:01.0 | attention for his chainsaw-wielding campaign rallies. |
| 1:06.7 | He promised shock measures and spending cuts to revive the economy. |
| 1:12.2 | He won that election and took over as the President of Argentina in December last year. |
| 1:17.0 | In March, right-wing Twitter account at End Wokeness pointed to a fall in the monthly inflation rate, |
| 1:25.6 | implying that the measures were already working. |
| 1:28.4 | Argentina's monthly inflation rate, December 25.5%, January 2024, 20.6%, February 2024, 13.2%. |
| 1:41.0 | This downward trend continued into March. |
| 1:44.0 | March 2024, 11%. |
| 1:46.6 | So is this right? |
| 1:47.8 | Is the falling monthly inflation rate, a sign that Javier Malay has started to sort out Argentina's economy. |
| 1:56.9 | First, a bit of context. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.