Power Play What Trump and Musk think they can learn from Argentina’s Javier Milei
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Feb 13, 2025 
Federico Sturzenegger, former president of Argentina's central bank and Harvard economist, discusses the populist style of Argentina’s President Javier Milei and his radical economic reforms. He examines the parallels between Milei's and Trump’s economic policies, particularly on free trade versus tariffs. The conversation reveals how Milei’s leadership may inspire similar movements worldwide, and highlights the challenges of economic reform, government involvement, and the potential for international partnerships to boost growth.
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Milei's Impact
- Javier Milei's global impact stems from his direct communication style, challenging conventional wisdom.
- His willingness to address all issues openly is refreshing in a politically correct world.
Milei's Economic Reforms
- Milei achieved a fiscal surplus in his first month and reduced government expenditure by 30% in his first year.
- Argentina, historically an economic basket case, saw macroeconomic improvements under Milei.
Trade Policy Differences
- While both Milei and Trump are considered economic populists, their trade policies differ.
- Milei is a free trader, while Trump's stance on tariffs seems more strategic and potentially less rigid.