Race against purchasing power reduction

Race against purchasing power reduction

By Peter B Meyer | Source In today’s world, credit or debt-money is printed out of thin air in absurd amounts, and so much is borrowed that it can never be fully repaid to creditors. It took the US “216 years to accumulate $8.5 trillion in debt, and then another eight years to double that…

With the devaluation of the government, the accumulated loss of the salaries of researchers and support staff of CONICET reaches almost 34%, according to a report of the EPC-CIICTI Group. With the inflationary data of March, which reached 3.7%, and the modifications in the exchange rate scheme of Javier Milei, a scenario of greater [...] The entry Due to devaluation and inflation, the fall of salaries in science and technology is accelerated was…

The workers of the science and technology sector - notably those of Conicet, national universities and the National Public Employment System (Sinep) - suffered a considerable wage deterioration that was accentuated in the last month, when inflation accelerated and rose to 3.7 per cent, according to a study carried out by the group Economy, Politics and Science (epc), which operates within the Ibero-American Center for Research in Science, Techno…