According to the New York Times, last year prices in Argentina rose nearly 30%. This year, they’re expected to increase by 45%.
Not surprisingly, the government’s inflation of the money supply is causing economic chaos within Argentine society. From butchers who are now posting price increases on scraps of paper, to women filing for increases in alimony payments, to café owners who are selling less, to wholesalers who are having trouble pricing imported goods, the government’s monetary debauchery spares virtually no one.
So, what does all this have to do with government schools?