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

Dude I don't think wages negated the rise of inflation over 30%

probably didn't rise even 6% or so

No

I mean they increased by 30% in real terms, from what I remember reading

against the US dollar

No

he survived

and fled to Spain

this was in the 50s

he came back

in the 70s

and served part of another term, and died in the middle of it

30% in real terms

don't believe so

I guess we'll have to get back to each other on this

"
1945-1958: These years are marked by continuity in fiscal policy despite political instability. The combination of industrial protectionism, redistribution of income from an agrarian to industrial production, and growing state intervention in the economy sparks an inflationary process. High trade protection shields domestic industry from external competition and enables a fixed exchange rate.

1959-1965: High inflation prompts a stabilization plan that includes tighter monetary policy, a cut in public expenditures, and increases in taxes and utility prices. Wage growth in the early 1960s pushes prices up. The inflation rate increases faster, and soon real wages fall."

Seems to fall in the 60s

but I'll see if I can find the one I read on the 50s

He wasn't in Argentina in the 60s

he was taken out of power in the 50s

came back in the 70s

His trade protectionism, however

was a failure

No doubt about that