Javier Milei taunts economists as Argentina’s peso defies predictions of sharp fall

Javier Milei boasts in the last few hours that “we are already growing up like a diver’s fart and you can see the bubbles.” Also, that “with everything we did so far we are already the best government in history” and that his image “is at the highest levels because the adjustment is popular.” It’s not exactly what the latest public opinion polls point out, which realize that the President’s best moment was recorded near the end of the year and, …

Milei freed the peso. Argentina’s economy survived

On Friday, Milei shocked Argentina by lifting the cepo – ‘clamp’ in Spanish – which has restricted currency trades.

Javier Milei taunts economists as Argentina’s peso defies predictions of sharp fall

Currency is well above its lower limit after partial float but remains volatile

Javier Milei and Luis Caputo The value of the currency returned to almost the same as the day the currency controls were lifted; the controversy over a move by the Central Bank of Argentina and Georgieva's bet. Someone at the Casa Rosada asked Javier Milei about the dollar's return to the price it had practically on the same day as the exchange rate unification, after the currency controls were lifted. The libertarian's response was forceful: "W…

In the 500 days of Javier Milei's government, the trademark registered with fire are the offenses to freedom of expression and the attempts to censor by tightening.Independent journalism has been permanently suffering a barrage of disqualifications, as has never been seen.