Argentina ended 2023 with the fastest inflation in more than three decades as President Javier Milei started to unwind a thicket of currency controls and price freezes imposed by the previous administration.
Since taking office Dec. 10, Milei devalued the peso 54% and eliminated price controls on hundreds of everyday consumer products, reversing the policies imposed by former Economy Minister Sergio Massa, who ran against him for president. The libertarian leader also halted runaway money-printing that had flared up during the presidential campaign.
It seems like this guy is making the right decisions here. Seems like he’s ripping off the bandaid for a problem that previous administrations had created. We’ll see if he can right the ship.
It seems like this guy is making the right decisions here. Seems like he’s ripping off the bandaid for a problem that previous administrations had created. We’ll see if he can right the ship.