It only took Javier Milei a couple of days in office to trip up. This is worrisome, both for Milei and Argentina. Think the 50% devaluation of the Argentine peso. Milei felt he would achieve what? If we ignore the negative economic implications of currency devaluation (more on them in a bit), we can’t ignore the abject stupidity of such a move. Money is but a measure. Nothing else.
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