Part 3/12:
By the late 20th century, inflation had spiked uncontrollably, ultimately reaching over 5,000%, forcing millions into poverty. Attempts to stabilize the economy through various Presidents, from Carlos Menem's privatization strategies to the inflationary policies of Néstor Kirchner, fell short. The people of Argentina continuously faced the consequences of governmental mismanagement, ongoing inflation, and a fluctuating currency, culminating in a national feeling of despair.