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Javier Milei


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2023 Sep 13, 9:52am   10,604 views  150 comments

by AmericanKulak   ➕follow (8)   💰tip   ignore  


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Argentina's "Far-Right" (Libertarian) Javier Milei wins Primary.

This guy is great, he's like a combo of Ron Paul but with Trump's fiestyness. And he's got Austin Powers Mod haircut.

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146   Patrick   2024 Dec 11, 10:10am  

https://notthebee.com/article/javier-milei-announces-argentinas-first-budget-surplus-in-123-years


Javier Milei announces Argentina's first budget surplus in 123 years

"The deficit was the root of all our evils -- without it, there's no debt, no emission, no inflation. Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years. This historic achievement came from the greatest adjustment in history and reducing monetary emission to zero. A year ago, a degenerate printed 13% of GDP to win an election, fueling inflation. Today, monetary emission is a thing of the past."


Next step: use 0.9999 pure silver by weight as currency.

Not "dollars" or "pesos" or any other bullshit units that can be redefined to debase the currency and defraud the people yet again.

Weight alone.
147   DOGEWontAmountToShit   2024 Dec 11, 10:18am  

Patrick says


Javier Milei announces Argentina's first budget surplus in 123 years

"The deficit was the root of all our evils -- without it, there's no debt, no emission, no inflation. Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years. This historic achievement came from the greatest adjustment in history and reducing monetary emission to zero. A year ago, a degenerate printed 13% of GDP to win an election, fueling inflation. Today, monetary emission is a thing of the past."


Yeah. Hyperinflation helps with that. The national debt has already been hyperinflated away. You just have to stop printing money and stop spending deficits. Viola!
149   Patrick   2024 Dec 11, 12:02pm  

What's the difference?
150   DOGEWontAmountToShit   2024 Dec 11, 3:13pm  

Patrick says


What's the difference?


Eliminating some taxes does not necessarily equate to reducing 'national taxation' levels.

In this case a bunch of special taxes that don't collect much revenue, cost too much to enforce relative to revenue collected, etc.

The bigger taxes (by revenue collected) like income and VAT aren't being dropped. Revenues from those might even increase because these other taxes probably reduce taxable economic activities with those, like the Export Tax.

"Under the proposed reforms, the number of national taxes will drop from 167 to fewer than 20, focusing primarily on value-added tax (VAT) and income tax. The plan also includes the elimination of export taxes, which Milei described as detrimental to Argentina's agricultural sector—a critical component of the country’s economy."

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