Perhaps he did slow down the inflation a bit, sure, but it's easy to cut government spending when you are basically going into debt with your citizens, not paying government salaries, government contracts, etc. Pretty much everyone in the public scientific or health sector has seen their purchasing power slashed to half, and some of those haven't been paid for a couple of months either.
Nowadays, buying food costs almost R$120 ($20 in todays rate).
Inflation can be stable, but cost of living has gone through the roof for almost a decade now, and Milei managed to speedrun it to a point that a lot of Argentinians are below the line of poverty.
Your local currency having a crazy valuation after your country just fixed hyperinflation isn't anything new. It's kinda of an obligatory stage. It can get fixed quickly enough if you remove the foreign exchange restrictions.
As always, how the government reacts now to solve all the disparity that high inflation created is what will tell it's a good government or not. The disparities being there right now isn't... But odds are that now his government will terminate before he can do any real work there.
Argentina is very presidentialist and personalist, so everyone thinks this is Milei's doing, but most of the economic measures are done by people from other political party (PRO), with plans that were in the working for at least 2 years for it's candidates. They have nothing to do with what Milei campaigned with.