this post was submitted on 27 Nov 2023
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[–] plinky@hexbear.net 54 points 2 years ago (2 children)

guy about to be negotiated

[–] Egon@hexbear.net 31 points 2 years ago

"What are you gonna do, negotiate me?"

[–] InevitableSwing@hexbear.net 15 points 2 years ago

An IDF spokesman might say "It was negotiated," to refer to one of their snipers killing a journalist and then we'll know the IDF was in this thread.

[–] moujikman@hexbear.net 51 points 2 years ago (6 children)

Giving up the ability to set monetary policy and becoming economically dependent on the US is an insane move.

[–] Egon@hexbear.net 33 points 2 years ago

the dollar is freedom tho ancaptain

[–] Dirt_Owl@hexbear.net 27 points 2 years ago (2 children)

Smells like a CIA asset to me

[–] machiabelly@hexbear.net 19 points 2 years ago

The cool part about giving the whole world brainworms is that acting as a cia asset is the default until you take the time to learn more.

[–] Frogmanfromlake@hexbear.net 11 points 2 years ago

It's 50/50. LatAm chuds tend to be massive America worshippers. The nationalistic right-wing chuds are often outnumbered by them.

[–] markr@hexbear.net 17 points 2 years ago

but as it is already, peripheral countries have almost zero ability to set monetary policies. Basically only the US, the EU, Japan and China can do that. The rest of the world is effectively managed by the central banks of the bigs, and even then it is really the US Fed that is in control. He's just ceding what little control the argentine central bank had.

[–] RyanGosling@hexbear.net 14 points 2 years ago

What are you talking about? This is the most sensible ancap policy every conceived

[–] aaaaaaadjsf@hexbear.net 12 points 2 years ago* (last edited 2 years ago)

The reason this kind of thinking is popular among the masses is often because the local currency is worthless and subject to hyperinflation. So people see a stable currency in the US dollar, and the central bank of their country constantly failing to curb runaway inflation, and think oh lets just use the USD. Without considering any of the macroeconomic consequences of essentially having no domestic economic policy or economic sovereignty.

In Zimbabwe it's basically all South African Rands and US dollars for instance.

[–] CrimsonSage@hexbear.net 7 points 2 years ago

If you are a billionaire it is awesome.

[–] zifnab25@hexbear.net 30 points 2 years ago* (last edited 2 years ago) (1 children)

Dude is going to commit suicide by stabbing himself multiple times in the heart. There's no way he lives out his term by pulling stunts like this.

They'll find a nice boring buttoned-up CIA sponsored conservative to replace him.

[–] Egon@hexbear.net 54 points 2 years ago (2 children)

He's going to dollarize the country, he is the CIA-sponsored neocon

[–] PKMKII@hexbear.net 22 points 2 years ago (2 children)

Naked Capitalism laid out why Milei’s dollarization plan is likely to fail:

What’s more, Argentina, on its own, is not in a position to undertake dollarization since for two simple reasons. As Alejandro Werner, former director of the Western Hemisphere Department of the International Monetary Fund (IMF), told America Quarterly, “Argentina does not have the dollars to dollarize, and it does not have access to the financial market to obtain dollars.”…

But will Washington be prepared to pour significant funds into [Argentinian dollarization]; according to estimates from the Spanish financial daily Expansión, the initial outlay alone could cost as much as $100 billion, for a project that is likely to take years to complete, and what’s more with a government that still owes the IMF $44 billion as well as billions to China. And that is a lot of money to the Biden Administration, especially with Congress blanching at providing more funds for the Zelensky government in Ukraine.

[–] Egon@hexbear.net 19 points 2 years ago

yeah but it's non-negotiable though

[–] zifnab25@hexbear.net 18 points 2 years ago (1 children)

the initial outlay alone could cost as much as $100 billion, for a project that is likely to take years to complete

I guess the big question you have to ask is whether Biden holds Argentina in as high esteem as he holds Ukraine. My guess is that he does not.

[–] Egon@hexbear.net 20 points 2 years ago* (last edited 2 years ago) (1 children)
[–] CrimsonSage@hexbear.net 7 points 2 years ago (1 children)

Argentina is largely white so I am not sure the color swatch applies this time.

[–] Egon@hexbear.net 18 points 2 years ago (1 children)

That's why Joe is spinning between Hitler detector and color swatch

[–] CrimsonSage@hexbear.net 7 points 2 years ago (1 children)
[–] GarbageShoot@hexbear.net 27 points 2 years ago (1 children)

Isn't he functionally having the US replace the central bank? That might be what other commenters are missing when they are talking about coups. If he gets overthrown, surely it would be by Argentinian nationalists of some kind for basically trying to proactively make Argentina a colonial holding of the US.

[–] footfaults@hexbear.net 10 points 2 years ago

You are correct he's trying to dollarize their economy on purpose, which is nuts because most of the time dollarization happens when people don't trust the local currency and keep importing dollars to use, and it fucks up the economy usually because the government has no ability to influence the economy anymore if everyone is transacting in a foreign currency

[–] LenonLemonLenin@hexbear.net 23 points 2 years ago (2 children)

We're soon going to see the first actually existing anarcho-capitalism

[–] Egon@hexbear.net 13 points 2 years ago

What about that bear city?

[–] LaughingLion@hexbear.net 7 points 2 years ago

the fun thing about it is they will find a way to blame communism when it fails

[–] footfaults@hexbear.net 21 points 2 years ago (1 children)

So, I guess he's going to get the same treatment Liz Truss got? The Adults are going to step in and remove him before he crashes the economy?

[–] silent_water@hexbear.net 8 points 2 years ago

nah, this helps preserve dollar hegemony

[–] GaveUp@hexbear.net 18 points 2 years ago* (last edited 2 years ago) (2 children)

Dudes getting couped within 6 months, tops

[–] SkingradGuard@hexbear.net 32 points 2 years ago

Not by the US, that's for sure, they want this kind of candidate in every global south country. If it were to come down to a coup, it'll be an internal matter I think.

[–] Egon@hexbear.net 22 points 2 years ago

You're the second to say this. Why do you think so?
If you mean he gets couped by his internal minister, I can see it, but if you think it'll be some kinda CIA thing I kinda doubt it.

[–] Frank@hexbear.net 17 points 2 years ago
[–] LaughingLion@hexbear.net 13 points 2 years ago

it would be funny if it didnt mean fucking over loads of people and by that i mean almost certainly the poor and most vulnerable of argentina

[–] Torenico@hexbear.net 11 points 2 years ago (1 children)

Unsurprising, considering the ancaps believe the Central Bank is literally communism. Why? Fuck if I know, the Central Bank controls currency so that must be authoritarian and communistic.

There are English subtitled interviews of Milei where he tried to rationalise his desire to dollarise the Argentinian economy. He tries to use economic jargon but mostly makes insane moralistic arguments ("central banks are thieves"). He is clearly doing this to benefit his masters whoever they may be and knows what he is doing.

Ironically the YouTube comments called him a clear headed visionary. Not sure if stupid or op.

[–] boiledfrog@hexbear.net 10 points 2 years ago

I feel lime this guy is the final result of mkultra programs, melted his brain into some weird submission