Message from @riacan
Discord ID: 521733251317104640
Then Argentina was in massive inflation( in his years and beyond) 30%, 40% inflation
Then hyperinflation struck
And no Argentina wasn’t even close to a free market model after he left
They were the top richest country before he came into power
His planned economy caused massive problems
inflation, debt, incomes
real wages did not rise for sure
Inflation was too high
And nominal wages rises weren’t high enough, not even close
30% wage increase would not have happened anyways
Not even close to 10%
It’s just a case of central planning and it shows that they do not work and it’s not an efficient way of allocating resources. Argentina before hand was one of the top richest countries, after his rule they were in deep shit and it only got worse.
It’s a sad tragedy but this is what happens when you go to socialism
YouTube out of Google hands would be great. Used to be a place where you could post whatever you wanted in terms of videos, and now if you don’t follow mainstream bullshit you get fucked up your ass with a red hot poker.
But you'd still have to worry about the advertisers.
Fuck you’re right
Fuck advertisements. They’re a virus to my internet experience.
We have to remember that wages and quality of licing =/= GDP
im not saying anything in those graphs is wrong but as a rule of thumb
that's ultimately what it boils down to though @High King of the North, Eisbär
it's about the adverts and google's primary role is about improving the value and saleability of those assets
replacing Google would do nothing to change that unless the organisation went an even more controversial route such as subscription locks on all the content
@Bogatyr Bogumir true but it’s a fair measure
@sɪᴅɪsɴᴏᴛʜᴇʀᴇ The wage growth was being weighed against the US dollar
it was taking inflation into account
@The Big Oof yeah
with inflation
real wages
it was inflation high as 30% and higher
real wages fell
@sɪᴅɪsɴᴏᴛʜᴇʀᴇ No, they only fell at the end of his first term and rose again during his second
in real terms
@The Big Oof in real terms they fell throughout due to the high inflation
What I've seen shows that real wages rose, then fell, then rose again
Doesn't look like that to me
inflation was too big
thats one of the reasons he was overthrown
He was still popular, he came back from exile after being overthrown and served a third term.
I'm not saying that is what makes him good, I'm using it as a counterpoint to the idea of, a ruler being overthrown instantly means that ruler was bad or even unpopular.
Inflation was certainly there, I'm not denying that. I'm saying it was negated by the wage growth.
The majority of Russians opposed the Bolsheviks, but they didn't go anywhere, for example
Didn't he die?
instantly