Showing posts with label central bank. Show all posts
Showing posts with label central bank. Show all posts

Thursday, November 23, 2023

What an 'Anarcho-capitalist' Will Do for Argentina | DW Business

Nov 22, 2023 | Argentina is on the brink of radical economic change following the election of libertarian Javier Milei. The self-branded 'anarcho-capitalist' has vowed to scrap multiple government departments, do away with the central bank and abandon the country's Peso currency in favor of the US dollar. Markets have reacted favorably to his win - but the question now is - can he live up to his promises to battle inflation and turn the country's fortunes around? Video features expert analysis from Alicia García-Herrero, Economist at Natixis, as well as reaction from World Bank President Ajay Banga.


No tickets necessary for the roller coaster/big dipper ride you have embarked on. Javier Milei will give you a free ride. But don’t forget to take plenty of sick bags with you for it! You’re going to need them. – © Mark Alexander