The editors of The New York Sun wonder if Javier Milei, the new president of Argentina, is setting the country on course for the adoption of a new gold standard by first aiming toward dollarization. They write: Are we the only newspaper that sees a certain irony in the vow of Argentina’s next president to […]
Welcome to Argentina’s Javier Milei
Argentina’s new president, Javier Milei has said that “for the first time ever,” the left “is cornered.” Argentinians have rebelled against the leftist regimes that have governed the country into the ground for decades, and chosen a different future. Tom Woods writes in his letter: Milei describes himself as an anarcho-capitalist, and one of his […]
Argentina Sets Itself on the Path to Dollarization
After decades of hyperinflation, Argentina has elected Javier Milei as its new president, with a plan to adopt the dollar as legal tender in the country. Cato Institute’s Daniel Raisbeck explains the plan, writing: Implementing Milei’s economic program is Argentina’s only chance of defeating inflation, regaining monetary stability, and returning to economic growth. A free‐market economist, […]
Milei Has Vowed to Separate Argentina from Russia
In the face of regular Russian disinformation and influence campaigns in South America, Argentina’s new leader, Javier Milei, has said he will distance the country from Russia. In The New York Sun, James Brooke discusses the future relationship between Argentina and Russia, writing: “Russia’s disinformation campaigns in Latin America, which have been active since early […]
MILEI WINS: Argentina Rejects Socialism
In a rejection of decades of socialism that have driven the country into the ground, Argentina has elected libertarian candidate Javier Milei as its next president. The Wall Street Journal reports: Javier Milei, a libertarian political outsider who pledged to flatten Argentina’s political establishment, won the presidency Sunday by an overwhelming margin in a major shift for […]
Argentina’s Only Hope Is Javier Milei
Argentinians are heading to the polls for what could be their most consequential election ever, pitting socialist Sergio Massa against libertarian Javier Milei. After years of failed socialist policies, Argentina’s only hope is Javier Milei. Mary Anastasia O’Grady explains in The Wall Street Journal: If Mr. Massa wins, Argentines have good reason to fear that […]
Javier Milei: A Light in Argentina’s Darkness?
Read this post and more from Dick Young at Young’s World Money Forecast. Argentina has suffered rampant inflation, bad government, and declining freedom for years. Now, according to Daniel Raisbeck at the Cato Institute, Argentinians have the opportunity to elect someone with a real plan to give them back control. Raisbeck writes: “We are all […]
DEBT CRISIS: Is Argentina Headed for Another Default?
Argentina is no stranger to debt crises and defaults, and at Foreign Policy, Victor Gilinsky gives readers the impression that the country may be headed for another in the face of 30-year high inflation and rapidly diminishing foreign currency reserves. Gilinsky writes: Argentina’s annual inflation rate soared past 70 percent in July—the highest level in three decades—according […]