A radical plan to fix Argentina's inflation

In a little over a week, Argentines will head to the polls to pick a new president. Polls show a tightening race between right-wing populist Javier Milei and centrist challenger Sergio Massa. Both are pledging to address the country's out-of-control inflation. Today on the show, we look at Milei's radical proposal to change Argentina's currency to U.S. dollars and whether that could fix inflation.

Related Episodes:
The push and pull of inflation (Apple Podcasts / Spotify)
It's complicated. Argentina's relationship with the U.S. dollar (Planet Money+)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.