Milei the pragmatist and Toto’s ‘caputazo’
16-12-2023 06:06 The ‘caputazo’ replaced pure austerity with a mix of higher taxes together with spending cuts and the “dilution” of part of the deficit through high inflation. The next few months will see runaway inflation run even farther away and put intense pressure on the population, as wages and salaries fall even farther behind.