Ehh... you're both wrong.
Argentina ended 2024 with an annual inflation rate close to 100%. That's significantly lower, but still hyperinflation. It should be lower this year, but how much is the question.
Whether that's maintainable long term is probably the decisive judgement. Argentina has had many cycles of hyperinflation, reset, hyperinflation again. The current bailout is not exactly a positive indicator.
It's all relative, but yes, they're still in trouble. Currency manipulation is also unsustainable. The markets are reacting poorly now in anticipation of the Peronists winning the next govt as well.
Whether that's maintainable long term is probably the decisive judgement. Argentina has had many cycles of hyperinflation, reset, hyperinflation again. The current bailout is not exactly a positive indicator.