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.
Argentina’s annual inflation rate sped past 211% in December
He only assumed office in December. I think he is a whacko but expecting him to have a major change in inflation immediately is a bit ridiculous, don’t you think?
He took measures in his first days that produced rises in both food and fuel, two of the biggest components of inflation. You think that may have influenced or not? I mean…
FOOD and fuel is DOWN as of this week with a lottttt. Rents too, open market has given farmers the chance to bring product to market direct!! No more government interference in pricing of those things! Freedom!
Yeah exactly. The timelines of changes like this are longer than just a few months. Milei’s work will be bearing fruit for the next decade or so, unless the next government does a complete 180.
He’s a wacko for religious and gay and female stuff. Yes. Old values.
BUT EVERYTHING IS BETTER AS 100-200% INFLATION FOR TEN YEARS OF COMMUNIST RULE. basta ya. Let People import things, get them off the dole. Make some money and import and export stuff again.
ARGENTINA WAS/IS A FAILED STATE IN ALL OBJECTS. IF YOU DO NOT KNOW THE SITUATION YOU SHOULD TRY READ UP.
Milei is fixing it in argentina. NOBOA is fixing it in Ecuador.
Give them a fair chance and f off with your communist propaganda it is THE CULPRIT OF THIS 200% INFLATION
(MILEI ALREADY FIXED THAT PARTIALLY BTW, no more difference in exchange rate between street and bank!!)
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.
Good ol’ anarcho-capitalism solving everything!
He only assumed office in December. I think he is a whacko but expecting him to have a major change in inflation immediately is a bit ridiculous, don’t you think?
As soon as you get elected literally everything becomes your fault, it’s tradition.
He took measures in his first days that produced rises in both food and fuel, two of the biggest components of inflation. You think that may have influenced or not? I mean…
FOOD and fuel is DOWN as of this week with a lottttt. Rents too, open market has given farmers the chance to bring product to market direct!! No more government interference in pricing of those things! Freedom!
YOU GUYS DONT KNOW HOW BAD IT WAS!
They don’t see it
Yeah exactly. The timelines of changes like this are longer than just a few months. Milei’s work will be bearing fruit for the next decade or so, unless the next government does a complete 180.
No more ridiculous than banning gatherings of more than 3 people or arresting people and making them pay for your jackboot gestapo
Are u you talking about those racist loitering laws that have been historically used to oppress non-white Americans?
Yes ridiculous. Now you want the list of EVEN MORE RIDICULOUS THINGS that the communist corrupt horrible 100-200%-inflation for a decade - people did?
Or did YOUR SOURCE ONLY MENTION what you wrote?
He’s a wacko for religious and gay and female stuff. Yes. Old values.
BUT EVERYTHING IS BETTER AS 100-200% INFLATION FOR TEN YEARS OF COMMUNIST RULE. basta ya. Let People import things, get them off the dole. Make some money and import and export stuff again.
ARGENTINA WAS/IS A FAILED STATE IN ALL OBJECTS. IF YOU DO NOT KNOW THE SITUATION YOU SHOULD TRY READ UP.
Milei is fixing it in argentina. NOBOA is fixing it in Ecuador.
Give them a fair chance and f off with your communist propaganda it is THE CULPRIT OF THIS 200% INFLATION
(MILEI ALREADY FIXED THAT PARTIALLY BTW, no more difference in exchange rate between street and bank!!)
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.
Can you explain the female stuff? I thought he kind of surrounded himself with women to plan and run his campaign?
Well, he’s fiercely against abortion maybe even against divorce. Extreme catholic ‘values’
Gotcha. Standard religious bullshit. Thanks.
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Russia? The communism is coming from inside the house.