Chainsaw Economics Somehow Works Better Than PhD Theories
In news that has economists worldwide questioning their entire education, Javier Milei’s anarcho-capitalist experiment in Argentina is actually working. The man who campaigned with a chainsaw, promised to dollarize the economy, and looks like he styles his hair with a Van de Graaff generator has somehow stabilized a country that was actively trying to speedrun economic collapse.
Milei’s approach to governance can be summarized as “What if we tried NOT printing money like it’s Monopoly?” A revolutionary concept in Argentina, where previous administrations treated the printing press like a stress-relief toy. Within months of taking office, inflation began dropping faster than the peso used to, which is saying something because that currency fell faster than a cartoon anvil.
The international community responded with shock and confusion. The IMF, which has been lecturing Argentina for decades about “responsible monetary policy” while watching them ignore every suggestion, is now scrambling to take credit for Milei’s success. The chainsaw president’s radical reforms have stunned economic experts who never recommended anyone try it because it was “too radical.”
What’s particularly delicious about this situation is watching socialist politicians from neighboring countries explain why Argentina’s success doesn’t count. “Sure, their economy is growing and inflation is down, but at what cost?” they ask, apparently unaware that the cost was cutting government bloat, which is exactly what they’re terrified of. It’s like watching vampires complain about garlic being too effective.
Economic indicators that were previously only seen going down are now pointing up, confusing Argentinians who had become accustomed to their country being used as a cautionary tale in economics textbooks. The stock market is up, foreign investment is returning, and people can actually plan for the future without assuming their savings will be worthless by Tuesday.
Milei’s critics, who predicted he would destroy Argentina within weeks, have quietly moved the goalposts to “Well, let’s see if this lasts a year.” When it lasts a year, they’ll say “Let’s see if it lasts a decade.” This is the same crowd that watched Venezuela collapse in real-time and insisted it wasn’t “real socialism,” so their intellectual consistency was never really in question.
The most shocking part isn’t that cutting government waste and ending currency manipulation workedit’s that it took an eccentric libertarian with anger management issues to actually try it. Apparently, you need to be slightly unhinged to implement policies that are completely sane. It’s like requiring a madman to state the obvious while everyone else nods along with the emperor’s new clothes.
Business confidence in Argentina is at levels not seen in years, with entrepreneurs actually willing to invest in a country they previously fled faster than rats leaving a sinking ship. The brain drain is reversing, which is particularly embarrassing for neighboring countries who are still hemorrhaging talent like a busted fire hydrant.
SOURCE: https://bohiney.com/milei-turns-argentina-into-success/4
SOURCE: Sarah Pappalardo (https://bohiney.com/milei-turns-argentina-into-success/4)
