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The United States Needs Its Own Javier Milei. Can That Happen Before Hyperinflation?

Posted by freedomforall 5 months, 3 weeks ago to Politics
17 comments | Share | Flag

Excerpt:
"On Sunday, the populist Austrolibertarian Javier Milei was elected president of Argentina. In the United States, the reaction ranged from concerned curiosity on the part of the political establishment to enthusiastic celebration across the populist Right—including, notably, some economic nationalists. Several renowned libertarians also brought attention to some of Milei’s many flaws, such as his views on geopolitics.

Milei’s libertarian skeptics make many good points. And odds are a man with a legislature stacked against him will not be able to address Argentina’s many problems without some political backup. But still, there is much to admire about Milei’s rise and plenty to learn from his campaign’s bold, spirited rhetoric. Because our country is also in desperate need of a similar course change.

Many Americans are in a tough spot right now. Eighty years of inflationist monetary policy has made life more expensive. And the heavy government involvement in many of the most important sectors—including healthcare, housing, education, and energy—has made it harder for younger Americans to afford the same lifestyles as previous generations.

Further, the Federal Reserve’s manipulation of interest rates has left the American people heavily in debt, low on savings, and forced to weather the recurring nightmare of the boom-bust cycle. Meanwhile, as Washington’s decades of foreign intervention predictably blow up in its face, politicians are calling on the American people to fork over an ever-increasing amount of money in the futile effort to sustain an unchecked global empire. All while, at home, the government remains unable or unwilling to protect the lives and property of millions of Americans.


We may not yet have a poverty rate over 40 percent or inflation north of 140 percent like Argentina, but we’re on a trajectory that leads straight to that kind of economic ruin. It doesn’t have to be this way. We know the way out."


All Comments

  • Posted by Aeronca 5 months, 3 weeks ago in reply to this comment.
    "Printing tax revenue" perfect phrase! We want to spend more money so we'll invent it, inject it, and tax it. Government.
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  • Posted by Eyecu2 5 months, 3 weeks ago
    I like what he has to say in the article but I am dubious as to the possibility of a success happening in America. First the media would never allow someone such as him to be successful. As evidenced by President Trump. Second even if a candidate did get into office with good intentions he would either be corrupted or hamstrung again as evidenced by President Trump. Additionally, if he were able to avoid those two massive assaults that would be flung against him. Then he would have to be constantly ducking assassination attempts. For those in power behind the scenes simply would not allow someone to take America back from the ruins that they have planned for us.
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  • Posted by term2 5 months, 3 weeks ago
    I think that our government has already spent all the savings available in the country. We just don't realize that whatever equity we have is essentially gone and can vaporize in a heartbeat because it IS already gone. Bank accounts, jobs,etc.
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  • Posted by $ blarman 5 months, 3 weeks ago in reply to this comment.
    While you are right, it is also EXACTLY what the Fed is counting on, because their "solution" to the problem will be to convert to a new all-digital currency where everyone can "start over." If we had the economic collapse WITHOUT the Fed's proposal being considered, you might get some traction. My other fear is that the typical US Citizen is just too hooked on government largesse and they would call for even MORE federal subsidies. I think we're going to have to ride this clear to the bottom of the porcelain cistern and wait as the riots and resulting civil war tear the country apart. Which is another result the globalists can live with. :(
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  • Posted by $ Thoritsu 5 months, 3 weeks ago
    I'd be happy with an Argentinian example of success.
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  • Posted by $ Markus_Katabri 5 months, 3 weeks ago
    A poverty rate over 40% is what it will take to get the mushy 30% that support Biden to turn. We need to step on the accelerator. Stop feeding the beast. Let them print tax revenue until everyone realizes that it’s worthless.
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  • Posted by 5 months, 3 weeks ago in reply to this comment.
    New Zealand succeeded in a substantial return to free markets about 30 years ago when the elected PM
    would not compromise. As in Atlas Shrugged the looters allowed it to happen to save themselves.
    They waited in the 'shadows' and slowly took control again. Today NZ is firmly controlled by the Deep
    State because the people have no weapons and have chosen to live as serfs. There are also many
    thousands of immigrants there from the former Soviet Union who long for the comfort of slavery.
    That is the effect that unmonitored immigration has had on a formerly free country.
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  • Posted by mccannon01 5 months, 3 weeks ago
    A couple of observations:

    1) It would seem Argentina doesn't use Dominion or other Chinese Communist Party infected voting machines.

    2) Milei will face an entrenched bureaucracy as Trump did (bureaucrat: "Presidents come and go, but we are forever.") Melei seems willing to fire the lot, however, and we will have to wait and see how that goes.
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