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I'm sure he'll be successful on lowering inflation for a while. I just think his way of stopping it is short-term and it won't be enough to pave the way for a p
by leidenfrost 3y ago
I'm sure he'll be successful on lowering inflation for a while. I just think his way of stopping it is short-term and it won't be enough to pave the way for a prosperous Argentinean economy.
To me, the private sector, the health of long running companies (and of course human lives) is a more logical argument than any loose analogy about being drunk or going on a diet that depict nothing on the actual real-life impact of any economic policy.
I didn't even mention good or evil. I mentioned that messing with your domestic industry almost never fares well for your country.
And, about Trump. They both have in common that they have special persionalities and both spend a lot of time on Twitter. But that's it. Regarding economic policies, Trump is a proteccionist and Milei is an anarchocapitalist.
- otherme123 3y agoThere's nothing magical behind "long running companies". I can name a few that are trash, and they only keep going because they have politicians in their pocket. If a company depends on the government creating hyperinflation or subsidizing it for its survival, that's not a good sign. In other words, if you are too big to fail, you are too big to exist.
- ericfrazier 3y agoI'll always bet on the self reliance of a people not coddled and extorted.