Travel to Argentina and Germany to learn about the push and pull of inflation : The Indicator from Planet Money Argentines party hard in the bustling bars of Buenos Aires, despite the stubborn cloud of inflation. Across the pond, German companies switch gears in response to high gas prices, as Russia shuts off its supply. Today on the show, the push and pull of inflation.

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The push and pull of inflation

The push and pull of inflation

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DANIEL GARCIA/AFP via Getty Images
A waitress serves clients at Peron Peron bar
DANIEL GARCIA/AFP via Getty Images

The bars of Buenos Aires are bustling with energy. But despite the champagne popping and consumer spending, high inflation still haunts Argentina.

Across the pond, Germany is also dealing with rising prices. But its problem stems from the shut-off of natural gas from Russia, which is prompting companies to find alternatives. Today on the show, travel around the world to understand how inflation extremes help us understand what's going on in the United States.

Further reading:

Ben Moll and his coauthors' paper – What If? The Economic Effects for Germany of a Stop of Energy Imports from Russia

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For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.