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Argentina: Life with hyperinflation
Inflation in Argentina is racing towards 100%. In a country where prices are constantly on the move, it’s hard to navigate daily life as salaries slump and the cost-of-living soars. But, after decades of lurching from one economic crisis to another, Argentines have developed their own techniques for dealing with soaring inflation. In this week’s Assignment, Jane Chambers travels to the capital Buenos Aires to find out how people from all walks of life are coping. People in places like Diego Maradona’s hometown have to queue for food parcels to get by. The dollar is increasingly being used as the alternative economy and an outspoken Presidential Candidate has come up with a strategy to deal with the billions of dollars owed to the International Monetary Fund. Presenter/Producer Jane Chambers with help from Buenos Aires based journalists Lucinda Elliott and Isobel McGrigor Studio Manager: Neil Churchill & Rod Farquhar Production Coordinator: Gemma Ashman and Iona Hammond Editor: Penny Murphy Photo Credit: Lucinda Elliot