GLN 0.00% 16.0¢ galan lithium limited

General Discussion Banter GLN, page-9883

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    That is somewhat irrelevant in an inflation discussion

    Inflation in Argentina is measured (and reported) in peso's (Not USD)

    The point that Mondy made was that Argentina is facing 80% Inflation currently, the assumption or alluding point was that Project Costs would be +80% higher, however this needs to be adjusted for the exchange rate.

    For Example Wages (Median) over the previous 12 months has increased from 113,000/month to 209,000/month (Crazy Right ? Or maybe not

    Whilst the statistics show wages have increased exponentially in Pesos, when you convert the Peso Median Wages into corresponding USD exchange, wages have increased less than 5% of the previous 12 months
 
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