Damus
PABLOF7z profile picture
PABLOF7z
@PABLOF7z
Argentineans:

What would you say are the second and third order effects of inflation?

Particularly interested in non-price related effects.

I have some thoughts on this but very curious to know what you’ve observed.

(Writing in English because I want this to be useful to non-argentineans to learn from)

Boost tagging argentineans for visibility.

Cc @nostrich
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Kamo Weasel · 147w
Good day Pablo. It is a complex issue. I think the biggest problem a lot of times is not having price references. One can walk one neighborhood or another and find different prices for the same products. There are months when there is a lot of price volatility and many people or factories do not h...
bytor · 115w
2nd: - Low time preference and consumerism - Incentivized financial engineering over working and saving - Distorted incentives around risk management and leverage 3rd: - Loss of faith in capitalism and the meritocracy - Calls for revolution