I suspect we're all at least 10% hopeful the answer is yes:
Can Milei Really Shut Down Argentina's Central Bank? By Daniel Lacalle "Argentina was a rich country made poor by socialism. It needs to abandon socialism to become rich again."
Didn't he already walk this back or at least in the near term?
reply
Did he? That's funny. It would be a great validation of Horton's Law: Politicians break their good promises and keep their bad promises.
reply
My mistake. He walked back dollarization. They are still saying shutting down the central bank is "non-negotiable".
reply
That's a bit of a relief. I eagerly await the showdown.
If he walked back dollarization, what's the replacement plan for the central bank? Not that he has to have one, I'm a Ron Paul guy so "replace it with nothing" is a perfectly good option in my book.
reply
I think you forgot a 0
reply
There's a lot of strongly held skepticism towards Milei. Obviously, almost all of us would like him to end their central bank, but I don't sense much hope that he'll be able to do anything.
reply
The machine will run right over him. Same way they ran over Trump.
reply
Maybe, but I think that's why he's paying lip service to Americas foreign policy priorities.
reply