RIO DE JANEIRO, BRAZIL - China's ideological proximity is palpable in impoverished but proud Argentina. Following the communist and authoritarian model, the Argentine government remains determined to control and intervene in the economy, despite the disastrous results its populist policies have produced for decades. The main cause of the country's widespread impoverishment is inflation, a monster that Argentine politicians continue to feed with their unwise decisions. The proof is that today more than 40% of Argentines are poor and the country leads the misery index among the world's leading economies.
In 2021, official Argentine inflation reached a whopping . . .