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From the outside looking in, it seems that Millei is a fraud, from an Austrian economist standpoint at least. Of course people from Argentina would have a better understanding of what’s happening on the ground and I could be wrong, but everything from continuing to borrow from IMF, central bank still not shut down, peso’s continual decline to the recent bailout by Uncle Sam, seem to partially substantiate my claim.

Kudzai Kutukwa 2mo ago 💬 5

Monetary colonialism in motion.

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Discussion

Toxic Bitcoiner 2mo ago

Gut reaction: smells like a buy off to get political support from Argentina/Milei for whatever shenanigans the US regime wants to do in Venezuela, probably a coup to install a new dictator who will give US companies favorable/cheaper access to Venezuelan oil. Confessions of an Economic Hit Man.

Toxic Bitcoiner 2mo ago

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Kudzai Kutukwa 2mo ago

I definitely can see this scenario playing out, coupled with the fact that this is a way for the US to access natural resources for pennies on the dollar. Two birds one stone and the IMF will be there to ensure Argentina behaves and doesn't get too cocky. Fiat things that will augur well for the US, not so much for the people of Argentina

franzap 2mo ago

Sounds plausible

S!ayer 2mo ago

No apparently this is what Austrian Economics gets you