[Milei WINS!] Javier Milei, Austrian econ. prof. & ancap, runs for president of Argentina

Javier Milei: All central banks are a scam. The Federal Reserve in the last... so far in the 21st century, it has generated 100% inflation.

So the US central bank, the Federal Reserve is bad. Then there are central banks that are very bad. Then there are those that are appallingly bad. And then there is the Central Bank of the Argentine Republic, which is the worst thing in the universe.

image.png
 
If I had to choose between the United States dollar and the Argentina peso, it's not even a contest.

You're not alone.

page 18 - The Hyperinflation Survival Guide said:
Throughout Brazil, Argentina and Bolivia, companies routinely hold a minimal proportion of their money in domestic currencies, converting the remainder into a more stable currency whenever possible. Most often they turn to the U.S. dollar.

https://archive.org/details/TheHyperinflationSurvivalGuideStrategiesForAmericanBusinesses/mode/2up

You must spread some Reputation around before giving it to cjm again.

Yep.

[bold + underline + size emphasis added]​
The Economist: So the Fed is fine, but the central bank of Argentina is not...

Javier Milei: No, neither is the Fed.

The Economist: But it is the lesser evil.

Javier Milei: Yes, now we are getting there! That is the point. If I tell you there was a central bank that generated 100% inflation during the 21st century, what would you call it?

The Economist: You would call it a scam.

Javier Milei: Well, it is indeed a scam and well, the Federal Reserve is just that.

The Economist: A scam.

Javier Milei: All central banks are a scam. The Federal Reserve in the last... so far in the 21st century, it has generated 100% inflation.

So the US central bank, the Federal Reserve is bad. Then there are central banks that are very bad. Then there are those that are appallingly bad. And then there is the Central Bank of the Argentine Republic, which is the worst thing in the universe.
 
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I am still shocked that they allowed Milei to win. Argentina may be in for some rough times - they want these ideas discredited as publicly as possible.

I am sure his going to do all of the things he promises....:tears:

snark fail

Of course he isn't gong to do all the things he promises. He won't be able to do them all.

The same thing would have been the case if Ron Paul had become POTUS.

I am as surprised (and pleased) as CaptUSA that Milei achieved victory in the election. I wasn't holding my breath for that to happen - and I will not be holding my breath waiting for Milei to succeed in implementing his agenda, either. To the extent that he achieves any significant success in doing so, I will be just as pleasantly surprised as I was at his electoral win.

They will do everything in their power to undermine, stymie, thwart, discredit, disrupt, and sabotage Milei's policies and endeavors.

What's more, I even expect some (many ?) of his own voters/supporters to be alienated or disenamored by any significant policy successes he manages to eke out. Quite a few of his voters did not support him because they were ideologically motivated by libertarian sentiment - they supported him because he presented a vehement defiance of and opposition to the horribly corrupt and self-serving system that has been in place in Argentina for decades.

If the disruptions and dislocations that must inevitably occur in the wake of any significant policy successes he manages to achieve result in enough people becoming disaffected with those policies (because, for example, they end up losing access to any "free shit" to which they had become accustomed), then the fickle "masses" may turn upon him, as well. (And you can be sure TPTB will do all they can to stoke such resentments.)

But perhaps I will be pleasantly surprised in that regard as well. I hope so. We shall see.
 
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Click CC to turn on closed-captions (English default):



Listen to all those leftist talking-points! :rolleyes:
 
https://twitter.com/MLiamMcCollum/status/1726638166906400952
{Liam McCollum @MLiamMcCollum | 20 November 2023}

Okay, so Javier Milei:

- wants to end the central bank
- wants a free banking system
- wants competition of money
- wants to slash bureaucracies
- is an Austrian economist
- quotes Ludwig von Mises
- quotes Friedrich Hayek
- quotes Murray Rothbard
- quotes Henry Hazlitt
- quotes Milton Friedman
- quotes Lysander Spooner
- quotes Bob Murphy
- calls himself an anarchist
- calls himself a libertarian

Okay, okay, AND he is apparently pro-Israel and pro-US foreign policy, too…

But, before you freak out:

First, he's not the president of the US, the world hegemon. He's the president of Argentina. He's most likely playing along to get along, considering the US is the world empire, and they’re dollarizing (which he says is strictly an instrument to abolish the central bank and allow competition of money and free banking).

Second, ideas are powerful. Even if he doesn’t really believe the things he says about central banks and socialism, millions are *hearing* these ideas for the first time, so we should take advantage of that. Your Republican friends posting that one Milei clip to own the libs? Sit them down and talk about Austrian economics with them.

Let’s just suppose Milei is a huge foreign policy hawk:

Even if he is, we know he has also described central banks as parasitic institutions that steal from the public thanks to the inflation tax. Libertarians know that war, and almost every other government program, is financed by central banks. Without the Federal Reserve, the US could not afford their endless wars.

And his ideas point in that direction. If a sizable population in the US could be convinced by his ideas on central banks, which are larger than Milei himself, but they still believed in a hawkish foreign policy, I would still claim that’s a success because they would necessarily be constrained by a sound monetary policy if we had adopted sound money and banking.

Milei is a politician, and he's just one man.

No, we shouldn't put faith in him. Yes, we should be skeptical of him.

But we should be ecstatic that our ideas are being shared globally.
 
https://twitter.com/MLiamMcCollum/status/1726638166906400952
{Liam McCollum @MLiamMcCollum | 20 November 2023}

Okay, so Javier Milei:

- wants to end the central bank
- wants a free banking system
- wants competition of money
- wants to slash bureaucracies
- is an Austrian economist
- quotes Ludwig von Mises
- quotes Friedrich Hayek
- quotes Murray Rothbard
- quotes Henry Hazlitt
- quotes Milton Friedman
- quotes Lysander Spooner
- quotes Bob Murphy
- calls himself an anarchist
- calls himself a libertarian

Okay, okay, AND he is apparently pro-Israel and pro-US foreign policy, too…

But, before you freak out:

First, he's not the president of the US, the world hegemon. He's the president of Argentina. He's most likely playing along to get along, considering the US is the world empire, and they’re dollarizing (which he says is strictly an instrument to abolish the central bank and allow competition of money and free banking).

Second, ideas are powerful. Even if he doesn’t really believe the things he says about central banks and socialism, millions are *hearing* these ideas for the first time, so we should take advantage of that. Your Republican friends posting that one Milei clip to own the libs? Sit them down and talk about Austrian economics with them.

Let’s just suppose Milei is a huge foreign policy hawk:

Even if he is, we know he has also described central banks as parasitic institutions that steal from the public thanks to the inflation tax. Libertarians know that war, and almost every other government program, is financed by central banks. Without the Federal Reserve, the US could not afford their endless wars.

And his ideas point in that direction. If a sizable population in the US could be convinced by his ideas on central banks, which are larger than Milei himself, but they still believed in a hawkish foreign policy, I would still claim that’s a success because they would necessarily be constrained by a sound monetary policy if we had adopted sound money and banking.

Milei is a politician, and he's just one man.

No, we shouldn't put faith in him. Yes, we should be skeptical of him.

But we should be ecstatic that our ideas are being shared globally.



-Wants to visit US/Israel after winning.

Argentina’s Milei Plans ‘Spiritual’ Trip to US and Israel Before Taking Office

Israel-Palestine: Who is Argentina’s Israel-loving president-elect, Javier Milei?

His waving of the Israeli flag at nearly every public appearance he makes comes coupled with concrete promises to strengthen the bond between Argentina and Israel.

He sure seems to care more of Israel instated of Argentina...
 

LMAO

You really are desperate, aren't you?

"None of that other stuff matters, because - are you sitting down for this? are you ready? - he wants to visit the United States and Israel!"

:eek:

Keep 'em coming! They're a hoot!

:tears:
 
This thread has certainly clued me in to those that would have sabotaged Ron Paul.

Just replace “yeah but racist letters” with “yeah but Israel”.
 
“Just replace “yeah but racist letters” with “yeah but Israel”.”

Israel has committed war crimes in the past few weeks that are unimaginable

10,000+ civilians killed


Their newly elected extremist right wing Government wants more land & have made multiple racist comments against Arabs in public

So...paying attention to this guys pledge of allegiance to Israel’s current Gov is a giant red flag to me

Shalom
 
“Just replace “yeah but racist letters” with “yeah but Israel”.”

Israel has committed war crimes in the past few weeks that are unimaginable

10,000+ civilians killed


Their newly elected extremist right wing Government wants more land & have made multiple racist comments against Arabs in public

So...paying attention to this guys pledge of allegiance to Israel’s current Gov is a giant red flag to me

Shalom
I agree with you on there.
 
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