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126 views • November 28, 2023

ANALYSIS: Argentina's New Libertarian President Wants to Abolish Central Bank. Can He Achieve His Goal?

NTD News
NTD News
Argentine President-elect Javier Milei is in the U-S and will meet with National Security Adviser Jake Sullivan and other administration officials today >Milei's economic advisers are set to meet with senior Treasury officials to go over the president-elect's economic priorities.

Meetings with officials from the International Monetary Fund are also taking place, focused on Milei's efforts to dollarize Argentina and shut its central bank.

That's part of his ambitious agenda that clinched his victory in the recent election. But how realistic are his goals? A reporter from the Epoch Times asked Economists to weigh in.

Despite speculation the plan could bring ruin, Economists told the Epoch times it was completely feasible.

Daniel Lacalle, the chief economist at Tressis says not only is dismantling Argentina's central bank possible, it has to be done as soon as possible.

“in order to have a regulator that is fully independent. And that does not have the

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