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Re:Argentina inflation seen cooling as Milei austerity tempe... by leidenfrost on Sunday March 10, 2024 @03:38AM (#39657413)
I'm sure he'll be successful on lowering inflation for a while. I just think his way of stopping it is short-term and it won't be enough to pave the way for a prosperous Argentinean economy.

To me, the private sector, the health of long running companies (and of course human lives) is a more logical argument than any loose analogy about being drunk or going on a diet that depict nothing on the actual real-life impact of any economic policy.

I didn't even mention good or evil. I mentioned that messing with your domestic industry almost never fares well for your country.

And, about Trump. They both have in common that they have special persionalities and both spend a lot of time on Twitter. But that's it. Regarding economic policies, Trump is a proteccionist and Milei is an anarchocapitalist.

Re:Argentina inflation seen cooling as Milei austerity tempe... by otherme123 on Sunday March 10, 2024 @05:15AM (#39657777)
There's nothing magical behind "long running companies". I can name a few that are trash, and they only keep going because they have politicians in their pocket. If a company depends on the government creating hyperinflation or subsidizing it for its survival, that's not a good sign.

In other words, if you are too big to fail, you are too big to exist.

Re:Argentina inflation seen cooling as Milei austerity tempe... by ericfrazier on Sunday March 10, 2024 @09:48PM (#39664142)
I'll always bet on the self reliance of a people not coddled and extorted.