Let’s go back to Argentina. Inflation there today is ‘only’ 50% post pandemic.
#1 If you live there it feels very different. #2. Argentines have lost confidence in their paper currency. #3. Sounds a lot like Raleigh, NC – if you are building a wood deck!
“Argentina is the world’s biggest exporter of soymeal – crushed soybeans largely used as animal feed. But rather than export their soymeal, Argentine farmers are holding back their beans, selling just limited amounts to cover on-going costs; the beans are being held onto as a hedge against probable future declines in the value of the Peso.”
1).Is this a good time or a bad time to Buy a Small or Large Business? To make a Business Acquisition?
My position is that this is not just a good time to make a business acquisition, it may turn out to be the Best Time in decades to buy a business.
Now, that being said, not everyone is cut out to be a business owner. If you have always wanted to, go for it. Do it now.