This is probably the only thing I'm not on-board with. I like the South African model of a semi private central bank. There's great value in a country having its own currency and you need a central bank to issue that.
Crypto isn't there yet. And if you use dollars you are reliant on someone else's central bank, same problems, all the negatives, non of the positives.
He views central banks as inherently inflationary and detrimental to economic stability. Milei believes that central banks' ability to print money at will leads to artificial price increases, eroding the purchasing power of citizens' savings and wages. He argues that the free market, without central bank intervention, would provide for a more stable and prosperous economy.
Milei's views on central banks are rooted in his broader libertarian philosophy, which emphasizes individual freedom and limited government intervention. He believes that central banks represent an overreach of government power and distort the natural functioning of markets.
Milei's proposals for replacing central banks have varied, but he has generally advocated for a return to a gold or silver standard. He believes that fixing the value of currency to a precious metal would prevent inflation and promote economic stability.