President Javier Milei, who has been in office for just over a month, is looking to employ tough austerity measures to bring down inflation, reduce a deep fiscal deficit and rebuild government coffers.
The Peronists that have plagued Argentina for decades are not communist. They are extremely protectionist and horribly corrupt but they are far from communist.
The exchange rate being real is definitely a good thing. Eliminating price controls and allowing imports will also be good things. That doesn’t mean he won’t leave a path of destruction in his wake. Fixing the economy can be done without having an anarchocapitalist being the one crafting the policies.
While I may not know as much about Argentina as an Argentine, I have taken an interest in its economy since college when I studied the currency board of the 90s and what led to the economic crisis in 2000/2001. So I am definitely versed on the destruction that the Kirchners (specifically Cristina) laid the groundwork for.
The Peronists that have plagued Argentina for decades are not communist. They are extremely protectionist and horribly corrupt but they are far from communist.
The exchange rate being real is definitely a good thing. Eliminating price controls and allowing imports will also be good things. That doesn’t mean he won’t leave a path of destruction in his wake. Fixing the economy can be done without having an anarchocapitalist being the one crafting the policies.
While I may not know as much about Argentina as an Argentine, I have taken an interest in its economy since college when I studied the currency board of the 90s and what led to the economic crisis in 2000/2001. So I am definitely versed on the destruction that the Kirchners (specifically Cristina) laid the groundwork for.