My friend, the Central Bank of Argentina generates approximately 3.4 billion pesos a day in interest on its own notes (35.000.000.000). That is, notes that private banks buy from the central bank and pay them in liquidity and interest. If that's not a massive printing of money I don't know what it is. We have printed our monetary base several times from the year 2000 onwards.

Here's a news about this topic:

https://eleconomista.com.ar/finanzas/los-intereses-leliq-costaron-34-billones-city-creen-incrementaran-2023-n58972

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