Lessons on How to Survive Inflation from a Pro
This story was produced in partnership with the Pulitzer Center
Having been born and living in Argentina, Irina Werning has endured double-digit inflation for 36 years of her life, with an average annual inflation of 80%. Inflation is the one form of taxation that can be imposed without legislation, it destroys savings, impedes planning, and discourages investment. It makes the rich richer and the poor poorer.
As a photographer, economist and Argentinian, she shares these playful pictures in order to draw your attention and to alert you to the dangers of inflation. Some call it funny money, but it’s not funny at all.