So he wants to dollarize and replace their shitty central bank with the US federal reserve?
Argentina will go from corrupt with heavy spending to being another vassal state tied to the failing zog system. It will enslave the people to the federal reserve central bank, the American system, and its ((owners)). It's better to be in charge of your own currency, not supplicate yourself to a fiat hyperspender a continent away from you.
Cut back social spending and peg yourself temporarily to the euro/dollar/yuan if you want extra stability. The bank/gov has to cut spending but I'd retain independence.
As bad as the fed is, this is 10 steps better than what they had, and may provide cover and capital to achieve his other aims.
It's also more stable and likely to work short term while also being 1 more scalp he can claim and display.
It looks like win/win/win to me. Is it the absolute perfect white room solution? No. Is it more immediately achievable, with less pain, and more benefits from a foreign policy position? Absolutely.
It also has the benefit of locking in a policy position. This is what leftists are great at, locking something in. They let 500k migrants in. It's much harder to get rid of them than it was to invite them in to pillage your country. They sign agreements with foreign nations. It's harder to break these agreements with worse consequences than it is to make them. If you just take control of your federal reserve, which is run and managed by commies, absolutely full of them, then they'll work to frustrate you at every step (see Trump's first administration) and also be 100% ready to go back to the way things were the moment you leave office.
This is a far more permanent decision. It's locked in. Eat shit libtards.
No the fed is 100 times more powerful and you will have to have a revolution to get rid of it. Regardless milei is simply another nwo plant who will sell whatever is left of argentina to the highest international bank bidder.
So he wants to dollarize and replace their shitty central bank with the US federal reserve?
Argentina will go from corrupt with heavy spending to being another vassal state tied to the failing zog system. It will enslave the people to the federal reserve central bank, the American system, and its ((owners)). It's better to be in charge of your own currency, not supplicate yourself to a fiat hyperspender a continent away from you.
Well, what's your solution?
Cut back social spending and peg yourself temporarily to the euro/dollar/yuan if you want extra stability. The bank/gov has to cut spending but I'd retain independence.
He might be doing exactly that.
As bad as the fed is, this is 10 steps better than what they had, and may provide cover and capital to achieve his other aims.
It's also more stable and likely to work short term while also being 1 more scalp he can claim and display.
It looks like win/win/win to me. Is it the absolute perfect white room solution? No. Is it more immediately achievable, with less pain, and more benefits from a foreign policy position? Absolutely.
It also has the benefit of locking in a policy position. This is what leftists are great at, locking something in. They let 500k migrants in. It's much harder to get rid of them than it was to invite them in to pillage your country. They sign agreements with foreign nations. It's harder to break these agreements with worse consequences than it is to make them. If you just take control of your federal reserve, which is run and managed by commies, absolutely full of them, then they'll work to frustrate you at every step (see Trump's first administration) and also be 100% ready to go back to the way things were the moment you leave office.
This is a far more permanent decision. It's locked in. Eat shit libtards.
No the fed is 100 times more powerful and you will have to have a revolution to get rid of it. Regardless milei is simply another nwo plant who will sell whatever is left of argentina to the highest international bank bidder.