According to new reports, Sergio Massa has promised that Argentina will stop printing money amid the current 60% inflation, which was caused by the Fernández administration's reliance on money printing to pay off the nation's escalating fiscal debt.
Sergio Massa, Argentina's new economy minister, promised to stop printing money hours after taking office in an effort to address the country's escalating currency crisis, which has already seen inflation reach 60% and is expected to reach 90% by the end of the year.
The Buenos Aires Times claims that Massa's economic plan also emphasizes increasing exports, decreasing the nation's fiscal deficit, and replenishing the drastically depleted reserves of the central bank.
Over the past few months, protests have broken out all over the nation as people demand that their center-left government reinstate certain subsidies and reconsider cutting others, like the infamous welfare program, which has expanded to include 22 million Ar...