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    A tale on high inflation

    Inflation February 4.7%. It is high, but it is worth remembering where it comes from.

    High (higher!) monthly inflation started at the beginning of 2018 and reached +6pp.

    It only receded due to covid lockdowns and the 10pp recession in 2021. But that was of course temporary. We never got out of that

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    Inheritance Tax & Energy Subsidies

    Facing insignificance

    Inheritance Tax revenue is currently 1.200 million ARS in Bs AS Province, which accounts for 40% of the total population. Even assuming it was 10.000 million for the entire Nation (overcorrecting for a 3x factor), it would barely account for 1% of the +1.000.000 million ARS that will be spent on

    EnergyFiscal (old)Argentina