The president of Argentina, Javier Milei, defines himself as “an anarcho-capitalist libertarian,” adding that these concepts are what show his ideal state, one that does not necessarily coincide with the actions he follows because “real life has a lot of restrictions.” .
This is how the president expressed himself during an extensive interview made by American influencer Lex Fridman. There he assured that, contrary to many of the questions that are asked because does not fulfill its libertarian promiseactually if you are doing itputting into practice many of the promises he made during his campaign.
He points out as an example the reform of the State and the fact of having a ministry for deregulation, from which regulations have been eliminated every day.
As a way to argue your position made several analogiescomparing the situation you find yourself in with the fact that someone likes a round table, but, for now, has no choice but to have a rectangular table because there is no other.
«The same thing happens if someone compares their situation with Paradise while living on Earth. «Everything is going to seem horrible to me. So basically, one has to understand that there are what are called State conditions to which one must adapt.”
Explain in this way the reasons why has not been able to implement totally libertarian measuresnor eliminate the State nor the central bank.
Some of those restrictions you can lift, others you can’t. So in real life I, let’s say, am a mini-anarchist, I advocate minimizing the size of the State and try to eliminate as many regulations as possible.
Javier Milei, president of Argentina.
So he thinks that although he has not been able to apply 100% the libertarian guidelines that support his ideology, he has been paving the way for it. A goal that required that the number of ministries be reduced and that public employees were firedin addition to eliminating economic subsidies and social plans, which depended on intermediation supported by those defined as “the managers of poverty.”
He adds that, following his libertarian parameters, Some 3,200 additional structural reforms are pending“to the point that the day we finish all these reforms we are going to be the freest country on the planet, with the consequences that this has in terms of well-being,” he said.
In economic matters, the president recalled the situation in which Argentina found itself when he assumed the presidency in December 2023. Inflation was accelerating to 7,500% annually. “The country had not grown for more than 10 years, with a drop in GDP of 15 points.” Add to this debt maturities equivalent to USD 90 billion and a central bank with negative reserves of USD 12 billion.
“If we released everything in this context, hyperinflation would have skyrocketed and the number of poor people would have risen to 95%,” he comments, adding that a social crisis would have been unleashed “with the Kirchnerists leading protests and looting businesses.”
Milei defended his government plan during the interview. Source: YouTube/Lex Fridman.
«Now what is happening? that to the extent that we made this fiscal adjustment, equivalent to 10 points of GDP, we reduced the debt and we stop issuing money to finance us. Inflation falls to 2%, taking it to something similar to 28% annually,” he explains that in this way it will returning freedom to Argentines.
This is a strategist who, as CriptoNoticias has reported, included the goal of zero emission, avoiding printing fiat currency as a way to lower inflation. A plan that can be compared to the ideas that inspired Satoshi Nakamoto Bitcoin/” target=”_blank” rel=”noreferrer noopener”>to create Bitcoinsetting a fixed supply limit of 21 million coins.
This means that, as time passes, the rate at which new coins are added to the supply continually decreases, which eventually causes a deflationary situation as the rate of new supply approaches zero.
Milei estimates, therefore, that next December, upon completing one year of his mandate, he will be able to show very significant achievements, among which highlights the fall in inflation.
In one year we made the largest fiscal adjustment in the history of humanity, we are going to end up with less inflation, we are going to end up with fewer poor people, with better real salaries and also with a higher GDP than the one we had at the beginning.
Javier Milei
By 2025 he plans to go for more reforms. “We are not going to stop until Argentina is the freest country in the world, because we are willing to redouble the bet.”
We must fight the cultural battle
To achieve the goal he proposes, the Argentine president believes that now You have to get into deeper ground than They have to do with politics and culturel. In this way he cites the socialist ideas that circulate in the world. “Libertarians are very good at economics and those results can generate political changes, but we have neglected the cultural battle.”
It is an area where, in Milei’s opinion, “the socialists have been very good” by taking the media since the 90sculture and education. “They imposed that what was politically correct was what they said, making people believe that they were the ones who defended freedom even though they are the ones who persecute people.”
He points this out to many media outlets in Argentina for not to talk about the progress of the program applied by your government. «And I think we are doing an extremely successful economic program with rapid results that is being recognized worldwide, even by the president-elect of the USA“Donald Trump.”
However, he affirms that if the cultural battle does not take place and the values of capitalism, the free market, what liberalism is and the value of freedom are not transmitted to society, there is a risk that progress will fall.
What you have to keep in mind is that you have to fight at all levels. If you don’t keep that in mind, you are on the path to collapse.
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