I am curious to see how the Milei policies turn out in the end, say 10 years. Poverty statistics have dropped quite a bit, and inflation is under better control than historically; these are good things. Can they be won without ruining all the rest? Probably not. But it will be nice to have a new, recent example either way.
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Well, they just needed a $40b bailout from the US, which is about four months of their total GDP.
To be fair, many improvements were present before the bailout. It's true that there would have been substantial backsliding without it (and the following political win).
We will see !
Not a reason to worship the Elons of the world who proclaim they are libertarian though. Which this person does.
Indeed.
(I don't understand how the hero worship relates though. I don't track the absurd beliefs of all the Internet people, too many. I do think that it's reasonable to be looking at libertarianism after libertarian policy improves a lot of lives.)
Who would have thought that denominating a rent control measure in a currency with a 211%+ inflation rate would actually not be feasible compared to rent control in a nation where the inflation rate is like 2%?
No wonder the landlords weren't renting as many units to people, because the rent control was being made financially infeasible by hyperinflation.
Abolishing rent control is gonna be so great in a short time.
Bad for renters, but that's never part of the calculation.