One begins barking at something. The dog next to it vigorously joins in. Like canine dominoes, all 13 dogs begin having a barking meltdown. It echoes

I moved from a country with almost no inflation to the country with the highest

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2024-11-24 13:30:03

One begins barking at something. The dog next to it vigorously joins in. Like canine dominoes, all 13 dogs begin having a barking meltdown. It echoes across the tree-lined streets; locals barely notice.

This is what extreme inflation sounds like: dog walkers taking on more than a dozen dogs to earn the same amount of buying power as they used to earn for just a few dogs. As one dog walker told The Guardian: “I can’t keep increasing the price of my service because I’ll lose clients.”

Argentinians are making such calculations daily due to living for so long with astronomical inflation. In October, the year-over-year inflation rate was 193%, according to INDEC , Argentina’s national statistics agency, and that was actually the country’s lowest rate in nearly a year. Wages have grown at a comparable clip to inflation this year, but the steep increases make everyday financial decisions unpredictable.

Inflation in Argentina involves not only stressed-out dog walkers, but huge wads of cash stuffed into backpacks, ever-changing menu prices, and an illegal trade of US dollars.

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