Living With 50% Inflation

What it’s like, how it developed, and will it happen in the United States.

Photo by Frederick Warren on Unsplash

I moved to Argentina in October 2009, when the country’s inflation rate had just started to rise. Through the following decade, the inflation has usually hovered between 25% and 30%, rising to around 50% in the past couple of years. Just this September, the inflation was 3.5%. In one month.