The Statistic Institute of Argentina revealed February Inflation - The result: 13,2% (expected was 15%).
When Javier Milei took the sit at the government in December after winning elections in October/November, the past government exploded the monetary bomb they left.
The first month of Milei was a great reset and sincerity of reprimed prices. Inflation rised to its top 25%.
There was nothing Milei can do here, but telling the market the real level of prices.
After that the "Motosierra (chainsaw)" started by not issuing more Money, decreasing the deficit to zero and working on a stability process.
The index whent from 25% in Dec, to 20% in Jan and 13% in Feb. The tendency is a clear decrease of inflation in Argentina.
Milton Friedman explained the same case in Japan, on this video:
Although, Milei stopped the printing of money, it will took almost a year to take off the inflationary effect from previous government amid a recession as well. It will be a tough semester, but Argentina is going back to normality.