I use obsidian for journaling and doing actual work. 10/10, I don't need anything else there, markdown is a breeze. I couple that with Google Calendar as a sort of "digital agenda", in the sense that I take notes right in there, next to events and etc (no "keep" nor any other app). It's horribly cumbersome (for it's not what it's made for), yet 110% effective at making sure I don't forget anything, both because everything is in just one same place, and because I can move important notes forward so that they appear right in my face at the right time (be it when I start working, or when I estimate I will arrive home, etc). Plus that same ordering capability (in a same day and along days) serves as a sort of kanban, to classify and establish priorities of the notes, right in the same place I organize the tasks they relate to (if even, sometimes it's just the notes). It makes it impossible to miss anything, and that lightness and peace of mind greatly offsets the cumbersomeness.

I'm unsure if you read your source complete or just stopped at the point you saw something that sounded like what you wanted to hear. But in any case, if you read about the subject in its completeness, you will see that in the context of debt monetization, "creating new money" is an euphemism, as it do not necessarily involves money emission, but the potential injection of existing money into the economy. The key term here is the word potential, i.e., it's possible to avoid. And that's what happened. If you read the links in the original post, you will see that the money was moved, to ensure liquidity, to an account of the Treasury in the same Central Bank, resulting in a net zero monetary increment. Then that money was gradually used to pay for debts in sync with with real money demand as the economy recovered, and other contracting measures like selling bonds, thus having no effect on inflation. Which is an actual thing, if you look it up, you will see inflation is down dramatically respect to the initial spike the previous regime left. You may then rightfully ask "why did they had to make such a level of financial juggling?", and the answer is that the previous regimes, in their reckless attempt to keep up their populist agenda to remain in power at any cost, committed infinite financial atrocities that had to be untangled and deactivated with the nerve and meticulousness of a bomb disposal expert.

Well, it's not. It's the actual technical name for the operation in question. if you don't know what it refers to, you can ask. You don't have to know what it means, but that do not entitles you to believe that because you don't know what it means then it must mean what you want it to mean.

Debt Monetization: when the central bank transfers money to the government treasury to pay for debts.

That's it. That's what you are seeing. Existing money that wasn't being accounted for in that one graph, being accounted for in that one graph. That's why inflation kept going down firmly despite that apparent surge in that one graph. Because there wasn't, and there hasn't being any more money emission.

This once again showcases Saifedean's prodigious ignorance on the absolute most basic economics, once again, erasing his credibility for any judgement of his on the matter.

Yes Sr.

About the money supply, you had already asked me about it, and I pointed to the section in the post in this answer.

I'm pasting the same excerpt here again:

With which you can find the respective original paragraph in the original post, which has the wikilinks to the sources.

About the case of Libra, there are no good excuses, he plainly messed up. While both cases where inconsequential, to the point even the local crypto ecosystem dismissed it, it was a severe pitfall. I do know that Milei got acquainted to both shitcoin cases through friends he trusted, and when he considers you a friend and trusts you, he makes no questions. That attitude has caused him shortcomings within the political landscape as well. All in all, bad actors keep getting filtered out, and that trust and confidence do pays off to him, as his best men in his cabinet are doing wonders. So, I expect and I'm willing to accept more such pitfalls, as long as the balance remains positive.

I have faith 🙏

Hopefully, Milei can inspire people up there and help the revival of the American core libertarian values 🔥

You refer to a revival of those ideas in the US? Just in case, all the peronist scheme started in full force on 1943, when peron got his first quote of power via a coup d'etat. There he started his populist frenze by presiding the Secretary of Work, which led to his presidency when the dictatorship he was part of allowed people to vote again (once they assured their support).

Thoroughly debunked down to every letter in these articles, don't worry.

Just checked the article, I'm impressed! Besides being the first article ever I see on foreign media putting Milei on his true light, I have also no observations. Thank you again for pointing me to it!

Thank you buddy for tagging me :)

Yes, export taxes: under all previous socialist regimes, exporting was deemed, and I quote the textual concept they indoctrinated the population with:

"Exporting is a scheme by companies to increase revenue at the expense of argentinians, since by selling abroad, they can reduce the local stock and increase their prices locally, thus increasing margins by depriving argentinians of the production they are producing themselves in the first place".

This was part of the wider notion of the peronist mantra: "to live by our own means", which included the notion that imports should be outright banned as well, since importing "undermines the local industry".

So, heavily taxing exports (up to 50% in many cases, specially on agricultural production, where not outright banned, like some meat exports) and imports (100% tax minimum on anything, where not outright banned, like mechanical ventilators), is the way "the state can punish those depraved practices and take back the money those greedy companies tried to take away from the people, and give it back in programs of wealth redistribution". The absolute devastation this policies caused throughout decades and decades and decades are the reason vasts swaths of the territory look like if an indian shithole being ravaged by somalian gangs.

wtf???

Exactly.

It's textually marketed as "sending dollars via the lightning network". I don't get if it's an expression to refer to an underlying swap, or an actual stablecoin-like transfer.

Thank you buddy

I don't get it, how's the conversion performed? It's a swap under the hood?

Exactly.

Only detail I have to add is that closing the central bank is planned. The idiocy of those who remark that he didn't on day zero (which Miley always remarked he wouldn't do) lies in their will to ignore the entire world and everything prior and everything after: the previous communist regimes used the central bank to incur in massive debt to support their populist schemes. Debts that have to be repaid prior to closing it. Being something so blatantly obvious and simple, it speaks volumes of those who can't grasp it, like Saifedean. Above all, state debt is not only to foreign creditors, but to creditors in the country itself, who bought state emitted bonds. Imagine closing the central bank before paying back to locals, stealing from millions on day one, what a great start.

Another important detail is that the central bank being closed do not means loss of sovereignty, since the intent is not to depend on a foreign central bank, but simply allow people to commerce in whatever currency they want. That is, as Milei always made clear, the intent is to advance to an open-banking system. People will choose the currency that suits them for their needs. A first step towards that is having in place a currency that's not the peso, since there should be no central bank to emit it, and thus there's a first need to have a new first reference, for which the dollar is the clear option. Dollarizing is the plan, to allow the complete dissolution of the central bank, to then proceed to an open-banking system, in which people will chose the currency they want freely. This also means, as it's Milei's wish, that even private currency mints could arise.

Thank you k00b! All that must be said is there already

Well, like you said. "Apparently". That appearance is, indeed, wrong. You can follow Milei's minister of deregulation on twitter to see the actual progress on making people more free by the day (literally, there's so much socialist crap that must be undone that updates on deregulation are made on a daily basis).

Well, this is simply not true. He won the last election by landslide, garnering massive support not only politically to keep pushing his agenda forward, but also in terms of the congressional weight needed to pass it. You are being misled by Saifedean uninformed (or purposely ill-intentioned) slander. The cure? Look at the facts, it's all there.

Well. No. Not even close. I have thoroughly debunked all of Saifedean's slander on Milei. I was startled at the fact he didn't got anything right, not even by accident. I have distrusted Saifedean takes on anything ever since. It would have been ok had him been slightly wrong, or understandably mislead. But no, he went full dunning-kruger.

Thank you @k00b for linking my articles. There's no more to it, all answers are there.

I'm answering there then.