Jonathan Turley – Argentinian President Javier Milei has long been an irresistible target of the press and pundits. When he came into power with his famous “Afuera” (or Out!) platform to dramatically shrink government spending. Argentina was viewed as a basket case that was well past the red line for recovery. He was mocked as a clown for seeking to apply libertarian policies on the economy. Milei may have the last laugh. After only a year, his government has wiped out the deficit and reduced inflation from 25% to 2.4%.
Argentina’s monthly inflation rate slowed to 2.4% in November, the lowest in over four years. Inflation had slowed to 2.7% in October. Continue reading
Right News Wire – Voters in Argentina elected a new President on Sunday.
The Burning Platform – Enormous condor returns to thank man who saved him years before as rescue creates unique bond between unlikely pair
Gary Christenson – The exchange rate between the Argentina Peso and the US dollar in January 1945 was 4.17 pesos to one dollar. Like the United States, Argentina created substantial price inflation – devaluation of their currency – in the 1950s – 1990s.