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Today, Explained

Who can fix 150% inflation?

Today, Explained

Vox

Daily News, Politics, News

4.4 • 9.5K Ratings

🗓️ 15 November 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

That’s what voters are trying to figure out as they prepare for this weekend’s runoff election between Peronist insider Sergio Massa and unorthodox economist Javier Milei. The Economist’s Ana Lankes previews Argentina’s unusual presidential contest. This episode was produced by Jon Ehrens, edited by Matt Collette, fact-checked by Laura Bullard, engineered by David Herman, and hosted by Noel King. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

In the summer of 2022, inflation in the US hit 9.1%, and we all freaked out.

0:07.0

Okay, now consider this. In Argentina today, inflation is one hundred and forty three percent. Fortunately for the

0:16.4

Argentines they're about to elect a new president. Unfortunately for the

0:20.1

Argentines they're choosing between these two. the current economy minister,

0:25.0

minister of 143% inflation, and Javier Milay,

0:30.4

rock-star libertarian economist with a lust for life.

0:34.0

So he wears a lot of like leather jackets and he screams and jumps around the law on stage.

0:40.0

I'm going to play. Coming up on today,

0:45.0

on today explained, why did Argentinians vote these two men into a runoff

0:50.0

and why inflation is always and everywhere the ultimate election issue.

0:55.0

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