Milei is already proving the Left-wing economic establishment wrong
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"Argentina’s reforms prove it’s possible to slash a bloated state"
President Milei
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devalued peso on day 1...... combined with
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government cuts so harsh, budget was soon balanced
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massive cuts to regulations & restrictions, people free(r) to produce
Results:
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inflation crashes from 300% to 11%, likewise interest rates
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peso, at devalued level, is stable or even kind of "hard"
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rents go down, yes DOWN - abolishing rent control brought housing onto market - more people housed
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lib parasites, out of work tho
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