The Tom Woods Show Ep. 2588 One Year of Argentina's Javier Milei
Jan 3, 2025
Skot Sheller, a free-stater from New Hampshire, dives into the first year of Javier Milei's presidency in Argentina. They discuss Milei's bold economic reforms, successfully tackling inflation and restoring national pride. The conversation also highlights his controversial political tactics, his evolving relationship with Donald Trump, and the challenges ahead as he prepares for the 2025 elections. Sheller shares insights on Milei’s cultural context, the importance of local engagement, and the rising popularity of his administration amid economic recovery.
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Dire Economic Straits
- Argentina's economic situation was dire when Milei took office.
- The country faced hyperinflation, recession, and substantial debt.
Milei's Early Successes
- Milei's most significant achievement was balancing the budget after 15 years of deficits.
- He also addressed the central bank's unsustainable liabilities and deregulated the economy.
Milei's Political Strategy
- Despite a weak government, Milei succeeded through coalition-building and maintaining high popularity.
- His popularity pressured other parties to cooperate, fearing electoral losses.