Understanding Argentina’s Decades of Economic Crises
Argentina’s recent drop in monthly inflation below two percent has drawn cautious praise from many mainstream economists, who focus on the immediate success of President Javier Milei’s anti-inflation campaign. Yet, as we saw in the aftermath of his interview in Davos, many of those same analysts still question the cost of his “austerity,” the supposed risks of removing currency controls, or his refusal to monetize debt.