Fiery right-wing populist Javier Milei wins Argentina's presidency and promises 'drastic' changes

[Vorastra]

MSN

Populist Javier Milei resoundingly won Argentina's presidential election Sunday, swinging the country to the right following a fiercely polarized campaign in which he promised a dramatic shake-up to the state to deal with soaring inflation and rising poverty.

Archive:

https://archive.ph/gsRhq

 

[Vorastra]

A lot of people are about to find out the hard way.

https://twitter.com/i/web/status/1726394041745444923

 

[Vorastra]

For those who don't know who he is.

https://twitter.com/i/web/status/1726383046742376755

 

[Mannydefreitas]

Many countries are moving right.
Because the left went too woke.

 

[3WA]

Watching him with interest. I've occasionally wondered if I could make it as a right-wing populist here in SA.

 

[DapperDanMan]

Well, luckily he is clearly not unhinged or deranged ... so what's the worst that could happen?

 

[DapperDanMan]

Watching him with interest. I've occasionally wondered if I could make it as a right-wing populist here in SA.

Now you know which hairstyle will get you to the top!

 

[Vorastra]

if I could make it as a right-wing populist here in SA.

Are you black.

 

[wbot]

"promises changes"

Yeah yeah lol

 

[DapperDanMan]

Are you black.

I heard he has a BBC.

Does that mean he is endowed with black excellence?

Or does it mean he has necrosis in the nether regions?

 

[rietrot]

The best result they could have hoped for. Under the current/past socialist Argentinas finances are in a worse position than South Africa.

It is a difficult fix as a Libertarian/ancap you have to cut every that's not working which is almost everything but thousands of people are employed by the state cutting too fast will just create a giant power vacuum and even more unemployment that is already a problem.

Good luck to them.

 

[Vorastra]

Argentinas finance are in a worse position than South Africa.

They're not even in the same universe.

Argentina has 142% inflation. (October 2023)

 

[surface]

Are you black.

ayyyyy...

 

[rietrot]

They're not even in the same universe.

Argentina has 142% inflation. (October 2023)

Yeah. Not ideal.

They've been in total slow motion collapse for some time now, I can't imagine how you catch a country when it jumped off a cliff and is still falling. Can they even be saved at this point?

The legal changes that's really needed takes time that they don't have.

 

[BBSA]

I like this guy; he wants to abolish their central bank, and he is a critic of Russia's misguided war in Ukraine.

 

[rietrot]

I like this guy; he wants to abolish the central bank,

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.

 

[Vorastra]

I love it when a candidate waves the flag of another country just before an election. Very right-wing. Such populist. Muy chulo.

https://twitter.com/i/web/status/1726381825591804065

 

[BBSA]

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.

 

[Pegasus]

For those who don't know who he is.

https://twitter.com/i/web/status/1726383046742376755

Wolverine

 

[The_Right_Honourable_Brit]

He must have been a better alternative than the opposition candidate who was the economy minister under the previous regime while levels of inflation were in three digits!