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Wasn't this intentional? The first thing he did was halve the value of the currency. Seems kinda goofy to dunk on someone for accomplishing what he set out to accomplish
When the aim is to be evil, it's always right to dunk
No. He and his team are incompetent. He tried to rule by decree, when that failed he tried to push a huge law and when that got pushback they tried to take it back to committee without understanding it meant they were back to square one.
Even so, blaming him entirely for inflation is silly. He's only the president, and has only had a couple of months.
blaming him entirely for inflation is silly
This is true, since he's actually the third Thatcher that God visitted upon that country.
Fourth no? Military dictatorship, Menem, Macri, and then Milei.
I'd have to read on the argentinean junta, but if the experience there is anything like Brazil's there's only a misconception that it was 'neoliberal'. For starters, the regimes predated the washington consensus. And as it turns out, authoritarian officers aren't liberal people in any way. What the brazilian junta did was un-do or freeze social progress. If before you can see the state capitalist machine wanting to develop internal consumption, the juntas fully endorsed outright fascism and social hierarchy. 'What is good for the rich is good for the poor', rather than negotiated settlements or any sort of policy oriented towards the consumer base or unionization. Nonetheless, what was good for the rich was to keep the developmentist money spigot going, only for the rich. Privatization is a post-volcker shock, post hyperinflation political project.
It's kinda like how Bolsonaro not that long ago actually liked Hugo Cháves. The brain of latin american officers is a mush of wanting to impose strongman rule and only some of them come across having an actual ideology - leftist or otherwise.
I could be wrong though. Maybe the Argentinean junta was less statist than ours. But even so, Menem, Macri and now Milei does make for a nice aliteration does it not?
He's simply more skilled than Pinochet and Macri at crashing the economy.
At this rate idk if anyone's going to top his ruin the country any% speedrun and I await the SummoningSalt video.
What does Pinochet have to do with this? Wrong country.
Oh I meant in political leanings they're in the same category and in a speed running sense he'd be more skilled than Pinochet
Regardless if it was intentional, his supporters domestic and abroad thought he was going to usher in the ultimate free market, free from regulations, age of consent, and communism
Things take time, but he definitely is working towards making Argentine free to plunder by foreign capital.
Listen up commies:
Crashes the economyyeah, it is entirely intentional
was getting caught part of his plan?