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Javier Milei


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2023 Sep 13, 9:52am   10,413 views  140 comments

by AmericanKulak   ➕follow (9)   💰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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101   fdhfoiehfeoi   2024 Mar 1, 1:01pm  

UkraineIsFucked says

All the US government has to do to balance the budget is to have a freeze on spending increases for about 4 years. With inflation fuelled income tax receipts, the budget will balance at that time.


Why would a central government that prints money out of thin air give a rats ass about a balanced budget?

Worse though, this is the classic mis-understanding of inflation. As the value of the worthless paper gets closer to reality($0), the price of everything goes up. You can freeze hell, you won't stop that price increase until real money is allowed back into the economy.
104   fdhfoiehfeoi   2024 Mar 12, 6:54am  

Bukele is a dictator, Milei was elected. Do some research...

AmericanKulak says






105   Patrick   2024 Mar 15, 3:59pm  

https://fee.org/articles/javier-milei-delivers-argentina-s-first-surplus-in-over-a-decade-and-us-media-is-silent/




Argentines witnessed something amazing last week: the government’s first budget surplus in nearly a dozen years.

The Economy Ministry announced the figures Friday, and the government was $589 million in the black.

Argentina’s surplus comes on the heels of ambitious cuts in federal spending pushed by newly-elected President Javier Milei that included slashing bureaucracy, eliminating government publicity campaigns, reducing transportation subsidies, pausing all monetary transfers to local governments, and devaluing the peso.
106   DOGEWontAmountToShit   2024 Mar 16, 7:07pm  

We could do it too. The ballooning interest expenses on the existing national debt will still be a problem that will require creative refinancing.
107   richwicks   2024 Mar 17, 11:53am  

UkraineIsTotallyFucked says

We could do it too. The ballooning interest expenses on the existing national debt will still be a problem that will require creative refinancing.


We are going to do it. The national debt goes up by about a trillion dollars every 4 months.

People who have been saying for 20 fucking years it doesn't matter what the debt is, are about to find out quite soon, they were wrong about that.
108   DOGEWontAmountToShit   2024 Mar 26, 6:47pm  




Call this the @Booger meme:


111   RWSGFY   2024 Apr 24, 10:48am  

BUENOS AIRES, Argentina (AP) — Argentina formally requested on Thursday to join NATO as a global partner, a status that would clear the way for greater political and security cooperation at a time when the right-wing government of President Javier Milei aims to boost ties with Western powers and attract investment.

The request came as NATO’s Deputy General Secretary Mircea Geoana held talks in Brussels on regional security challenges with visiting Argentine Defense Minister Luis Petri.

...

https://apnews.com/article/president-milei-argentina-nato-f16s-military-bf56ef4b18646438500c921250c66e93


Can we have some obligatory "Reeeeeee!" now?
112   DOGEWontAmountToShit   2024 Apr 24, 2:31pm  

Upon taking office, Milei’s plan was to devalue the Peso by 50% setting it closer to the U.S. currency’s value on the parallel retail market. It’s how the Austrian School quells triple digit inflation.

He told everyone this would happen but Tits McGee here doesn’t understand economics.

113   DOGEWontAmountToShit   2024 Jun 13, 12:44pm  

Argentines riot over cutting taxes:




114   RWSGFY   2024 Jun 14, 8:06am  

UkraineIsTotallyFucked says

Argentines riot over cutting taxes:






How do we know it's not BS, considering the utterly shitty source?
115   RWSGFY   2024 Jun 14, 8:08am  

Javier Milei approved a plan of sending to Ukraine five "Super Etendard" combat aircraft that are out of use due to the embargo that Uk applies against Argentina, - infobae



120   AmericanKulak   2024 Jun 26, 3:09pm  

RWSGFY says


Javier Milei approved a plan of sending to Ukraine five "Super Etendard" combat aircraft that are out of use due to the embargo that Uk applies against Argentina, - infobae


UK? Super Etendard - "Standard/Banner" - is a French jet.

EDIT: Apparently the parts are UK sourced.

Smart move by Milei, though! Those things are way out of date anyway.
123   FortwayeAsFuckJoeBiden   2024 Aug 3, 10:03pm  

you guys are praising media, not reality. they sold Miley hard in US. which is where my distrust is. if they have to sell it… man is an actor fascist.

otherwise don’t care, not my country.
124   DOGEWontAmountToShit   2024 Sep 18, 4:28am  

"All these politicians who blame the human race for climate change are fake and are only looking to raise money to finance socialist bums who write fourth-rate newspapers.” - Javier Milei speaking about Watermelons in https://english.elpais.com/climate/2023-11-30/climate-denier-in-the-casa-rosada-mileis-arrival-puts-argentinas-environmental-agenda-at-risk.html

If you don't know what I mean by "Watermelon", here is a visual clue:


126   FortwayeAsFuckJoeBiden   2024 Sep 20, 9:37am  

they are marketing and selling him like he’s a messiah. and life teaches us that marketing is generally a lie. good luck Argentina, every time US did that, place went to hell in a few years.
127   Misc   2024 Sep 20, 10:25am  

After taking the country's inflation rate of about 34% year to date, the real return on the stock market is waaaaaay below that of the US.

... but yes, there are lots of pseudo-media companies pumping what the guy is doing. Needless to say, he is trying for some more funding from the IMF.
128   AD   2024 Sep 20, 10:37am  

.

Yeah, he's been President of Argentina since December 2023 and inflation has jumped: https://tradingeconomics.com/argentina/inflation-cpi

Milei has warned about economic pain in the beginning of his reforms and as reported below recently by US News

.......................................

"The government of libertarian President Javier Milei, who took office in December, has pushed a tough austerity drive that has battered economic activity and pushed up poverty and unemployment.

The government says the cost-cutting measures are needed to rein in the world's highest inflation that is hovering above 250%, rebuild its foreign reserves and reverse years of deep fiscal deficits.

While monthly inflation has hovered around the same level since May, Milei's government on Sunday presented a 2025 draft budget, in which it predicted inflation just above 18% next year, with GDP growing 5% next year and a further 5% in 2026.

Argentine markets cheered Milei's plan for a "zero" deficit budget but were down slightly on Wednesday ahead of the U.S. Federal Reserve's announcement it would cut interest rates by 50 basis points."
130   FortwayeAsFuckJoeBiden   2024 Sep 25, 9:25am  

DemocratsAreTotallyFucked says






paid actor. media selling him like savior type, he isn’t. hollywood production type of deal, it’s all fake front.
132   Eric Holder   2024 Oct 2, 5:09pm  

Javier Milei speech at UN General Assembly on Oct 2, 2024:

We are today, with an organization [UN] that is powerless to provide solutions to real global conflicts, such as the aberrant Russian invasion of Ukraine, which has already cost the lives of more than 300,000 people, leaving a trail of more than one million wounded in the process.

An organization that, instead of confronting these conflicts, invests time and effort in imposing on poor countries what, how and what they should produce, with whom they should associate, what they should eat and what they should believe in, as the present Pact for the Future intends to dictate.

This long list of errors and contradictions has not been gratuitous, but has resulted in the loss of credibility of the United Nations in the eyes of the citizens of the free world and in the denaturalization of its functions.
135   Patrick   2024 Nov 13, 8:48pm  

AD says

and inflation has jumped


Just use silver by weight as currency. Then you won't have inflation.

The place is named Argentina after all.
136   Eric Holder   2024 Nov 13, 9:11pm  

AD says


Yeah, he's been President of Argentina since December 2023 and inflation has jumped


Looking at the graph where's the jump? It's heading down, no?



PS.
Inflation Rate in Argentina averaged 190.51 percent from 1944 until 2024,


Has been a very fucked country for a very long time. Not something you undo in a year.
137   DOGEWontAmountToShit   2024 Nov 13, 9:32pm  

Eric Holder says


Has been a very fucked country for a very long time


And this is why when he does do an improvement to the situation, it's effect is much more profound than it would be in a not-so-fucked-up country.

This is why China, Poland and many other nations run into the Middle Income Trap that often reduces their previously spectacular growth rates. Law of Diminishing Returns as far as doing the same thing and expecting similar results. There is only so much infrastructure one can build to get the same boost in productivity. Only so many corrupt judges to remove, so many privatizations, so many banks to fix, yada-yada-yada.
139   stereotomy   2024 Nov 14, 2:50pm  

If Trump can do what Milei did wrt to annihilating the bureaucracy, then Goddamn . . .
140   AmericanKulak   2024 Nov 14, 3:17pm  

Patrick says


Just use silver by weight as currency. Then you won't have inflation.

Correct.

Silver, not Gold. Silver is almost impossible to manipulate; Gold can be hoarded or controlled much more easily due to the very limited supply. The US is stuffed with Silver.

To insure the actual metal is circulating and not just wildcat paper, we need the first $2000 of any 1099-based contract, employment wage or salary, etc. paid out in the metal itself.

That's well over 4 pounds in actual metal (assuming .95 pure) bi-monthly for somebody earning just $48k. Excellent!

I have a feeling once people feel the heft of REAL money, they'll be addicted to metal.

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