How Javier Milei is strengthening Argentina’s economy

Cato Institute Latin America Policy Analyst Daniel Raisbeck breaks down how Argentinian President Javier Milei is strengthening the country’s economy.

Since assuming office in December, President Milei has managed to reduce the monthly inflation rate from 25.5 per cent in December to 13.2 per cent in February.

The libertarian economist is promising to slash 70,000 government positions in the coming months.

Mr Raisbeck explained how the President promised to “slash inflation” by shutting down the central bank and dollarising the Argentine peso.

“He has taken numerous measures to reign in the state which was completely out of control, especially in terms of spending and monetising the debt which caused the inflation in the first place,” he said.

[Ottoish]

Please don't compare Milei with Trump. They only things they have in common is that they are opposed to leftists and have dodgy hairstyles.
But Milei is far more intelligent, coherent and educated, and dealing with a far more difficult situation.

[ivanribnikov]

Calling Milei "the Donald Trump of Argentina" is severely underestimating Milei. Look up any interview where he talks about economics, the man is a bonafide intellectual.

[seandelap]

The sort of leader every country should have he really knows how to get things done

[specialtymachining]

May God bless Javier Milei for trying to free the people from the government & corruption.

[chrisg]

Slashing government jobs reforms and strengthens an economy... Can we do that here?

[Fede-uy]

Javier milei is a libertarian! not a protectionist like trump... dont compare them.

[RollyBalondo]

there is no comparison between Mieli and Trump. Melie is very well educated on Austrian economics and have a clear governance platform.

[NestorKazar]

You cant implement dolarization before you fix the underlying problems of the economy, and introduce political reforms first. He said even during the campaign taht dolarization wold take time.

[FranBassARG]

Long live freedom, damn it!! VLLC 💪🏼🦁

[reddysteddy]

Thomas Sowell has said for decades that if we want to flourish economically then we need to reduce government taxation and spending, it has worked every time throughout history. In the long run you collect more taxes but as a smaller portion of productivity.

[christoskoutsis]

¡Fantastico! Argentine economy is finally safe. ¡Muchas gracias señor Milei!

[deborahgrantham]

He has a varied past… the better to understand an economy.

[sergioholzmann]

Javier Milei
Inspirational game changing leader!

[cheburator]

Javier Milei is awesome. We need to use his methods in US. Sleepy Joe afuera, Kamala afuera, Newsom afuera, democrats in general afuera

[theanachronist]

"there is no night that has not been defeated by the day"

I like that.

[peterburke]

Tomorrow I'm going to prosecure to inquire about buying a million Argentine pesos.

[frederickmfarias]

He’s intellectual, unfortunately not any U.S. American politician.

[adelatorremothelet]

He is actually wrecking it. Just look at the unemployment rate and the poverty rate.

[АлександрФёдоров-мо]

Так в середине 90-х там уже был отличник по выполнению программы МВФ и всё наладилось, Карлоса Менема нахвалить не могли, а дальше большой финансовый кризис. Теперь новая попытка?

[superturro]

A guy from Washington talking about South AMerica is like an Indian guy talking about Australia...maybe someone that lives there and can feel the reality that people living there will be better....VLLC