Argentina's incoming president Javier Milei confirmed on Friday that he will keep his promise to shut the nation's central bank. The statement was posted by his office on X (formerly Twitter).
The shutdown was Milei’s signature campaign pledge along with “shock therapy” to fix Argentina’s beleaguered finances that includes dollarizing the economy, privatizing state-owned media outlets and other public companies including energy firm YPF.
The statement reportedly came in response to what Milei has called “false rumors” that he had eased off on his plans, with some people claiming he was picking a more moderate Cabinet than expected.
Milei, who will take office on December 10, predicted it would take him “between 18 and 24 months” to decrease inflation, which is nearing 150%.
No need to apologize. The search feature here could be better. I have wound up posting duplicates after using the search and doing the search on three key words in the title one word at a time.
My apologies, when I checked the search it showed me no post. Thank you for removing it. If I happen to see that someone else posted I have removed mine in the past when the search showed me no post, but there was one.
He says he will dollarize the economy. While less shitty than the argentinean peso, isn't it also a super shitty centralized bank? I guess you have to start somewhere.
Argentina's incoming president Javier Milei confirmed on Friday that he will keep his promise to shut the nation's central bank. The statement was posted by his office on X (formerly Twitter).
The shutdown was Milei’s signature campaign pledge along with “shock therapy” to fix Argentina’s beleaguered finances that includes dollarizing the economy, privatizing state-owned media outlets and other public companies including energy firm YPF.
The statement reportedly came in response to what Milei has called “false rumors” that he had eased off on his plans, with some people claiming he was picking a more moderate Cabinet than expected.
Milei, who will take office on December 10, predicted it would take him “between 18 and 24 months” to decrease inflation, which is nearing 150%.
Posted 11 hours earlier. https://greatawakening.win/p/17rmA79H6H/just-inmilei-says-closing-of-arg/c/
My apologies as when I checked it showed me no post. Catsfive removed it and I give thanks and offer my apologies.
No need to apologize. The search feature here could be better. I have wound up posting duplicates after using the search and doing the search on three key words in the title one word at a time.
Thank you .
Removed. Posted hours ago. Pls use search, frog
My apologies, when I checked the search it showed me no post. Thank you for removing it. If I happen to see that someone else posted I have removed mine in the past when the search showed me no post, but there was one.
So who will they use, the Fed?
Fed will be gone.
https://foundationfortruthinlaw.org/jfk-vs-fed.html
He says he will dollarize the economy. While less shitty than the argentinean peso, isn't it also a super shitty centralized bank? I guess you have to start somewhere.
The central banks need to be under control, and no longer make up the rules to fit their needs. I agree we have to start somewhere.