Poll vault: Argentina’s Peronist surprise
The Intelligence from The Economist
Argentina's Economic Crisis and the Surprising Success of Massa
Massa's surprising turnaround as Argentina's economy minister has led to an increase in annual inflation from 79% to 138% and a rise in the price of $1 from 300 bistles to 1000 bistles on the black market. Despite concerns about inflation, Massa received the most votes. Argentina's economic crisis is not new, with recurring crises over the past 100 years. The lack of political consensus, including an independent central bank, has led to the printing of bistles to finance the fiscal deficit.
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