Deflation has struck Argentina, and that’s a good thing. From Joel Bowman at joelbowman.substack.com:
A rare creature spotted stalking the Argentine Pampas…

(No, it’s not the dodo…)
“I believe that in time we will have reached the point where we will deserve to be free of government.”
~ Jorge Luis Borges, Brodie’s Report (1970)
Don’t look now, dear reader, but there’s a rare creature on the prowl down on the Argentine Pampas. So uncommon is this beast, so extraordinary in nature, our amigos at the End of the World had all but presumed it extinct.
More on this most unusual sighting in a second. But first, a quick update from the road..
Blissful Ignorance
We’re now comfortably into the back half of our annual summer tour, with a week left here in Southeast Asia before our peripatetic Party of Three makes its way back across the deep, blue Pacific… to America… and the great open road. (Wife and Daughter are traveling smoothly; thanks to those dear readers who inquired!)
From one End of the World to another, it’s been an eye-opening (sometimes eye-watering) experience. So far, we’ve journeyed from our home in Argentina, via Chile, to our native Australia… then to Indonesia… on to Malaysia… over to Thailand… up through Laos and, as of last weekend, across to Vietnam.
Rumours of its demise are greatly exaggerated.
How about that Javier Milei! (H/T)
This is the way.
Does Trump have the stones for it?
We’ll see and the preprinted ballots already say Brandon so roll with your big ten percent guy [not my] CPUSA (D) comrades.
This just in from Snoop Dogg:
Snoop’s Upside Ya Head (Instrumental)
[H/T-The Gap Band]