Skip Navigation

Argentina elects 'shock therapy' libertarian Javier Milei as president

www.reuters.com Argentina elects 'shock therapy' libertarian Javier Milei as president

Milei is pledging economic shock therapy, including shutting the central bank, ditching the peso and slashing spending. His challenges will be enormous: Empty coffers, a $44 billion debt program with the IMF, 150% inflation and more.

Argentina elects 'shock therapy' libertarian Javier Milei as president
30

You're viewing a single thread.

30 comments
  • This is good for Bitcoin 📈

    • Bitcoin does present a possible solution to the monetary woes of Argentina.

      Mileis election signals a growing awareness that central bankers are just scammers and getting off the gold standard was one of the biggest mistakes humanity ever made.

      • Ahahah. No. Cryptocurrency is for rubes to get rubed, and tying a State’s sovereign fiat money to a commodity belongs in the dustbin of history.

30 comments