To Survive, Milei Must Shut Down the Argentina Central Bank

28 November 2023

Javier Milei faces significant challenges in Argentina, where many politicians have grown powerful and wealthy through policies that have led to economic decline. To restore prosperity, Argentina needs a stable macroeconomic and monetary system. This requires recognizing the failure of its currency and the bankruptcy of its central bank, and implementing urgent, market-friendly reforms. Despite the difficulties, the potential for Argentina’s economy is vast. The country, once wealthy, has been impoverished by socialism. To regain its prosperity, Argentina must move away from socialist policies and embrace a more market-oriented approach.

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