• az04@lemmy.world
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    3 days ago

    You’re not wrong. There’s probably a better way to stabilize Argentina’s currency which won’t lead to as much suffering. But no one presented that better way.

    Peronists have been doing the same things for decades and it led to 40% poverty. Milei ripped off the band-aid and it led to 60% poverty. But it probably paved the way for lower poverty in the future.

    If you find a way to lower inflation (which helps everyone) and make the poorest people in society equally prosperous, I’m sure they’ll give you a Nobel in Economics for it.