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How Argentines Cope With Inflation That’s 64% and Rising

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As countries across the world try to cope with rising prices, there is perhaps no major economy that understands how to live with inflation better than Argentina.The country has struggled with rapidly rising prices for much of the past 50 years. During a chaotic stretch in the late 1980s, inflation hit a nearly unbelievable 3,000 percent and residents rushed to snatch up groceries before clerks with price guns could make their rounds. Now high inflation is back, exceeding 30 percent every year since 2018.To understand how Argentines cope, we spent two weeks in and around Buenos Aires, talking to economists, politicians, farmers, restaurateurs, realtors, barbers, taxi drivers, money changers, street performers, street vendors and the unemployed.The economy is not always the best conversation starter, but in Argentina, it animated just abou …

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