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This is great! With that and inflation curve going down steadily each month, people are more likely to see a benefit from it in the long run this year and much more the next

Go Argentina!

Great! The bankers are doing well. However, people with jobs are still showing up at community kitchens. The community kitchens that got their funding cut.

Argentina has had chronic inflation problems because it is the culture of Argentina. The locals don’t like capitalism and believe democracy will fix all their problems. As far as I know, the vote wasn’t for capitalism or economic freedom, but to fix the inflation problem. The only way for a South American country like Argentina or Chile to have a long-term free market oriented economy is by authoritarian control. Milei is a protest vote. The common Argentine wants something to be fixed by the government without any energy expended from themselves. They also don’t follow rules. They have provinces that ignore and protest, and revolt against central government policy. Another thing that tells the extent of which Argentinians loved government security, that even Milei’s reforms don’t target all the spending with cuts, but with devaluation; the “blender” in his economic plan, not because he does not want to. I don’t see this going very far.