Argentine Barbershop Notebooks Document Soaring Inflation Over 30 Years
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Galante's barbershop notebooks chronicle decades of inflation in Argentina, with haircut prices rising from 15 to 3000 pesos between 1991-2023.
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Current inflation is 124% annually, the highest since 1991, driving support for radical right-winger Javier Milei.
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Galante recalls greater purchasing power decades ago with the peso pegged to the dollar. The peg came undone in 2001-02 crisis.
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Prices have risen under every administration, fastest under current President Fernandez at 757% since 2019.
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Galante struggles to keep up with rising costs, especially healthcare. He and customers think a political solution is needed to fix the economy.