Argentina elects Far-Right Libertarian Javier Milei to the Presidency

[DEAD7]

In Milei’s Argentina, Economic Albatross Is Tamed but Life Is Much Harder

A year after becoming president, Javier Milei has been praised inside and outside Argentina for reining in galloping inflation. But his economic policies have inflicted widespread hardship.

www.nytimes.com

 

[WIA20XX]

In Milei’s Argentina, Economic Albatross Is Tamed but Life Is Much Harder

A year after becoming president, Javier Milei has been praised inside and outside Argentina for reining in galloping inflation. But his economic policies have inflicted widespread hardship.

www.nytimes.com

It's weird.

When you take money out of the economy (fiscal or monetary policy) - people spend less (because they have less to spend), prices stop going up (inflation), but they start going down (deflation) - because LESS people can afford to get the goods and services.

So that means that the people are going about their lives with less.

• Less food
• Less housing
• Less healthcare

All of that to basically show "line goes down" on some graph someplace. The "savings" are hunger, homelessness, sickness and death.

It doesn't really deal with the actual problem - a lot of the population can't get what they need to live.

But it does make a country more attractive to people who want to loan money to make interest profits

 

[DEAD7]

It's weird.

When you take money out of the economy (fiscal or monetary policy) - people spend less (because they have less to spend), prices stop going up (inflation), but they start going down (deflation) - because LESS people can afford to get the goods and services.

So that means that the people are going about their lives with less.

• Less food
• Less housing
• Less healthcare

All of that to basically show "line goes down" on some graph someplace. The "savings" are hunger, homelessness, sickness and death.

It doesn't really deal with the actual problem - a lot of the population can't get what they need to live.

But it does make a country more attractive to people who want to loan money to make interest profits

Modern economies are balancing acts that shouldn’t lean too far in either direction.

The people elected to go this direction because of how bad their lives were going in the other direction. Let’s see how it pans out for them.

 

[WIA20XX]

Modern economies are balancing acts that shouldn’t lean too far in either direction.

What are the "directions" in your view?

 

[ADevilYouKhow]

What are the "directions" in your view?

[blue font] Children wouldn’t be hungry if they were toiling in mines on meth [blue font]

 

[DEAD7]

What are the "directions" in your view?

Private/individual ownership <—> Public/collective ownership

 

[ADevilYouKhow]

 

[bnew]

https://archive.is/kaOEz

 

[NZA]

 

[Jmare007]

Of all the things Milei could've done to go down this was not on my bingo card

 

[MushroomX]

Situation sounds a bit Messi.

 

[FAH1223]

 

[3rdWorld]

Argentina’s President Milei faces impeachment calls after promoting cryptocurrency | CNN

Argentine President Javier Milei is facing calls for impeachment after promoting a little-known cryptocurrency, whose price soared then collapsed after his endorsement, leading to losses for thousands of investors.

amp.cnn.com

So what's the deal with fascists and their obsession with crypto??

 

[Jimmy from Linkedin]

Argentina’s President Milei faces impeachment calls after promoting cryptocurrency | CNN

Argentine President Javier Milei is facing calls for impeachment after promoting a little-known cryptocurrency, whose price soared then collapsed after his endorsement, leading to losses for thousands of investors.

amp.cnn.com

So what's the deal with fascists and their obsession with crypto??

its libertarian finance

 

[Jmare007]

He's been doing damage control with friendly media and the clips I've seen have been absolutely hilarious

There's one interview where the journalist is like "come on man, don't make this worse ". And Milei just keeps fukking up. To the point he has to be interrupted and be told what he's saying could be used agaisnt him in court

You can see the journalist become inxreasigly nerveous and losing track of the interview. I hope y'all get to see it with subtitles to fully grasp the hilarity of it all.