Granite State 🦔. SHELL Member. Trader. Investor. Free State ambassador to Argentina.

Free State of New Hampshire
I highlight Milei's dramatic and often entertaining fight to decentralize Argentina, including his struggle against provinces that even began printing their own currency. HT @BowTiedMara for his excellent journalism on this thedailyeconomy.org/article/…
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Milei reduced government spending 30% and achieved a surplus in only 1 month. His popularity didn't fall, it rose. Don't tell me fiscal discipline isn't popular with general public. It's just unpopular to the powerful special interests that control DC.
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🚨 BREAKING: 2.4 Million Children Have Escaped Poverty Since Javier Milei Took Office, Says UNICEF
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🚨BREAKING: Argentina’s Poverty Rate Drops from 52.9% to 38.1% in 15 Months Under Javier Milei
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🇦🇷🚀 | ARGENTINA SOARS: JP Morgan Revises Forecast, Predicting 8.5% Annual GDP Growth
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🚨BREAKING: Argentina’s Poverty Rate Drops from 54.8% to 31.7% in 18 Months Under Javier Milei
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Breaking 🚨🇦🇷 | Argentina’s Annual Inflation Plummets from 289.4% to 47.3% in Just One Year
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Breaking | 7 in 10 Argentines Prefer Libertarian Direction Over Return to Socialism, New Poll Shows
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Breaking 🚨🇦🇷 | Argentina Outgrows China: 5.8% Annual Growth Beats China’s 5.4% in First Quarter
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🚨 Breaking | Argentina’s Economy Grew 7.6% Year-on-Year in Q2, Econometrica Reports
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🚨BREAKING| Argentina and U.S. Reportedly Approve Trade Deal Granting 80% of Argentine Exports Tariff-Free Access
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Breaking 🚨🇦🇷 | Milei Government Lifts Nearly All Restrictions on Money Transfers and Purchases: "Your Dollars. Your Decision"
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Breaking 🚨🚨 | Milei’s Libertarian Party Dominates Youth Vote 4-to-1 Over Socialists
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Breaking 🚨🇦🇷 | Historic Gains for Argentine Workers as Salaries Outgrow Profits as Share of GDP
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BREAKING 🇦🇷| Donald Trump calls Javier Milei his "favorite president." 🇺🇸🇦🇷🇺🇸🇦🇷
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🚨🚨BREAKING: Argentina’s Economy Grows 6.5% in January
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Milei Triumphs 🇦🇷: Poverty Plummets 9 Points to 48.5% Amid Unexpected Economic Growth and Lower Inflation
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Breaking 🚨 | 77% of Argentines Aged 16–29 Approve of Javier Milei’s Management
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🚨 BREAKING | OECD Projects Argentina to Have the Second Highest Economic Growth Worldwide in 2025
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🇦🇷🚀 | Poverty Plummets: Report Shows Argentina's Poverty Rate Falls from 54% to 38% Under Milei Administration
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Libertarianism was a bad word in Argentina that meant "greed" or "selfishness" just a few years ago. Now the libertarians won the most decisive victory against Peronism in many decades. This is one of the most profound political transformations of our lifetime
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🇦🇷 | Since President @JMilei repealed the Rental Law, supply increased by 212% and prices fell by 26.6%.
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Breaking 🚨 | Extreme Poverty Drops 18.2% YoY to 7.4%, Driven by Real Wage Growth Outpacing Inflation for First Time Since 2020
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🚨🚨 SHOCKING | Argentine December Inflation Drops to 0.68%, Down from 25% in December 2023, According to Private Consulting Firm Estimates
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🚨BREAKING: Over 10.9 Million Argentines Lifted Out of Poverty Since Javier Milei Took Office
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🇦🇷🚀 | ARGENTINE ECONOMIC MIRACLE: The GDP increased by 3.9% in the third quarter, driven by the successful economic policies of President Javier Milei and Economy Minister Luis Caputo.
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Breaking 🚨 | Argentina’s Middle Class Grows by 7.7 Million Under Milei’s Presidency
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Breaking 🚨🇦🇷 | Milei Effect: Rent Prices Down 30%, Mortgage Costs Drop 26%, Housing Supply Soars 212% After Repeal of Rent Control
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Breaking🚨 | Javier Milei Approaches Crucial Midterm Elections with Lowest Inflation in Almost 10 Years
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Breaking 🚨🚨 | THE ROADS: Milei Government Unveils Fully Private, Subsidy-Free Plan to Develop Over 9,000 KM of National Roads
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🇦🇷🚀 | Javier Milei's Approval Rating Hits a Record High of 59%
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🚨🚨 BREAKING | Argentina's Poverty Rate Drops by 25,000 People Daily Due to Stronger Growth and Lower Inflation
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🚨🚀 | Javier Milei announced he will eliminate 90% of all national taxes.
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🇦🇷 | ¡AFUERA! : Javier Milei's government reported that it fired 37,595 state employees in its first year.
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Milei Effect Hits Ecuador: President Noboa Slashes Ministries, Axes 5,000 in Bid to Shrink State Is the Chainsaw Revolution Spreading Across Latin America?
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Breaking 🚨🇦🇷| Argentina Cuts Debt-to-GDP Ratio by Over 50% in Only 19 Months Under Milei
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Breaking 🇦🇷🚀| Argentina’s Economy Grows 5% in May, Marking 7th Straight Monthly Gain
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Breaking 🚨🇦🇷 | Argentina's Economy Expands 8% Year-Over-Year in April According to EMAE
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Breaking 🇦🇷| The Argentine Government will privatize 8,600 kilometers of national routes in 13 provinces
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Breaking 🚀🇦🇷 | Argentina’s Wage Explosion: Real Wages skyrocket 18% year-over-year
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Breaking 🚨| Energy Boom: Argentina Achieves Largest Energy Surplus in Over Three Decades
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Milei Miracle 🇦🇷📈| Argentina's economy poised to grow 7% in Q2, stunning economists with the fastest recovery with drastic cuts
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Breaking🚨🚨 | Argentine Wages Soar to 7-Year High
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Breaking 🚨🇦🇷 | Argentina to Outpace China: IMF Forecasts 5.5% Growth in 2025, 4.5% in 2026
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Brutal fall in the Argentine risk premium. Around 500 basis points so far (from 1,081 to less than 700). As is obvious now, the biggest problem with Argentina was regime uncertainty and the risk of the socialists returning.
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BREAKING 🇦🇷 | Argentine Government Mandates Retirement for 10,000 Public Employees as Part of Chainsaw Reforms to Reduce State Size
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Breaking 🚨🇦🇷 | Milei Government to Dissolve or Restructure Over 40 Public Entities in Major Cost-Cutting Move
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🚨🇦🇷 | AFUERA Milei's government Fires 2,400 employees from the Ministry of Justice.
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🇦🇷🚀 | Freedom Advances: Almost 7 out of 10 Argentines believe that President Javier Milei's chainsaw will give them a better future.
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Breaking 🚨 | Milei Predicts End to Inflation by Mid-2026 After Economic ‘Mess’ Left by Socialist Rule
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Breaking🚨🇦🇷| Javier Milei's La Libertad Avanza Party declared Winner in Argentina Midterm Elections
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Argentine president Javier Milei has accomplished the following in 22 months: ✅ Monthly inflation fell from 25.5% to 2.0%. ✅ Annual inflation fell from 211.4% to 31.4%. ✅ The poverty rate decreased from 52.9% to 31.6%. ✅ The budget deficit was closed. ✅ More than 50,000 public employees were laid off. ✅ The age of criminal responsibility was lowered from 16 to 13. ✅ The Argentine economy grew by 6.3% annually in the second quarter of 2025. ✅ 11 million Argentines have escaped poverty. ✅ The extreme poverty rate decreased from 8.2% to 6.9%. ✅ 2.4 million Argentine children have escaped poverty. ✅ Real wages at a free dollar exchange rate rose from $300 to $1200. ✅ Financial support provided to political parties was cut. ✅ Half of the ministries were closed and most of the employees were laid off. ✅ The minimum pension increased from US$82 to US$302. ✅ Public debt decreased by US$54 billion. ✅ Exchange controls were abolished. ✅ Import controls were lifted. ✅ Price controls were abolished. ✅ The interest rate was reduced from 126% to 29%. ✅ Country risk premium fell from 3,000 points to below 1,000 points. ✅ All export taxes on mining have been abolished. ✅ The middle class increased from 23% to 39% of the population. ✅ Dollar-denominated loans to the private sector broke a record, exceeding US$16.7 billion. ✅ Argentine citizens can now enter the US visa-free for up to 90 days. ✅ Tax reductions were made in the agricultural sector. ✅ The largest energy surplus in the last 35 years was achieved. ✅ Workers' wages as a share of GDP are growing rapidly, outpacing corporate profits. ✅ Moody's upgraded Argentina's credit rating from Caa3 to Caa1. ✅ Toyota reduced vehicle prices by up to 17% after national taxes were lowered. ✅ A total of 1076 regulations were removed or changed. ✅ Since the removal of rent controls, housing prices have fallen by 30% and housing supply has increased by 212%. ✅ The National Highways Directorate, the National Traffic and Traffic Safety Commission, and the National Traffic Safety Agency were closed. ✅ International organizations predict a growth rate of 5.5% for Argentina in 2025. (OECD, IMF, WB) ✅ The inviolability of private property was guaranteed. ✅ Payment of invoices in any currency other than pesos was allowed. ✅ Argentina rose 5 places in the Global Peace Index, becoming the most peaceful country in South America. ✅ Civilians were allowed to purchase and possess semi-automatic weapons. ✅ The 30% tax on digital games has been removed. ✅ Argentina withdrew from the World Health Organization. ✅ The inheritance of positions in the civil service was abolished. ✅ Public spending was cut by a historic 30%. ✅ Income inequality decreased in the second quarter of 2025. ✅ Economic activity is at its highest level in 15 years. ✅ The number of senior public officials decreased by 34.9%. ✅ 13 year olds were given access to the stock portfolio. ✅ The Ministry of Privatization and Deregulation was established. ✅ The privatization process of Argentine Airlines has been initiated. ✅ Argentine Airlines had a budget surplus for the first time without government support. ✅ The G20's "Gender Equality" consensus was rejected. ✅ All Argentinian diplomats who supported the UN's Agenda 2030 were dismissed ✅ Import duties have been reduced by more than 50% and some have been removed entirely. ✅ The law forcing companies to hire equal numbers of men and women was abolished. ✅ Salaries have been above inflation in real terms for the past year and a half. ✅ PAIS tax on foreign exchange transactions has been completely abolished. ✅ Real wages in the private sector have reached a 7-year high. ✅ Real estate transfer tax was abolished.
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🚨🚨BREAKING: Argentine Wages Outpace Inflation for 10th Straight Month, Easing Poverty and Reversing Economic Decline
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Breaking 🇦🇷| Javier Milei to Dissolve the Argentina IRS, AFIP, Creating a New Agency with 34% Fewer Employees and Lower Salaries.
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Goldman Sachs🚨🚨 | Argentina has the Greatest Room to Grow Without Inflationary Risk Among Emerging Economies
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🚨🚨 Breaking | Argentina's Debt Declines for the First time in 4 governments under Milei Administration
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Breaking 🚨🇦🇷 | Following Major Spending Cuts, UNICEF Declares 1.7 Million Argentine Children Have Escaped Poverty
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🚨🚨ARGENTINA'S NEW 2025 LAW | For Every New Government Hire, 3 Must Be Laid Off Happy New Year!
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BREAKING 🚨🚨 | Milei Plans Sweeping Decree to Eliminate 24 Government Agencies While Restructuring More in 'Deep Chainsaw' Overhaul
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According to National Institute of Statistics and Census (INDEC)
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Saifadean again distorts the truth 1) Debt has decreased under Milei 2) Milei has cut money printing entirely 3) Milei cut spending 30% and achieved fiscal surplus even after paying debt payments 4) Money supply has increased only due to complete lack of lending as a result of high inflation. Essentially the economy is normalizing. 5) This has been the fastest disinflation, even beating Pinochet and Chile. It is ridiculous to believe that it could have gone much better. 6) Milei inherited negative foreign reserves, strict currency controls, a fragile banking system, and high debt. The loans were used to end currency controls and boost reserves 7) Milei has an extremely fragmented congress that passes legislation to destroy the fiscal balance that Milei is required to veto. Saifadean pretends Milei is a dictator 8) If Milei wins midterm elections, country risk should plummet, leading to improved access to international markets and better rates. 9) Milei has taken numerous steps to deregulate, free trade, increase international investment, privitizations, and cut taxes 10) As a result, poverty is down, and Argentina has high economic growth
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🇦🇷🇺🇸 | "If Ludwig von Mises saw these times, he would undoubtedly be proud of Javier Milei and admire him" -Walter Block
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Still Beloved ❤️❤️| Polls Reveal Javier Milei Continues to Hold Strong Popularity in Argentina as the Country Achieves Unprecedented Economic Improvements
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JUST IN 🇺🇸🇦🇷 | Thanks to Trump's Friendship With Milei, the United States Will Allow Argentines to Enter the Country Without a Visa. Who wants to meet more Argentines?
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🚨Breaking News🚨 | Following Trump’s Lead, President Javier Milei 🇦🇷 Considering Exiting 🌍 Paris Climate Accord
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Breaking 🚨: Argentina's 3-Month Inflation Hits 8-Year Low
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Replying to @rsntman
Argentina had the worst lockdown in the world. It's easy to grow 10% after you shutdown the entire economy
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Replying to @stats_feed
New Zealand
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🚨🚀 Milei Miracle | After hitting rock bottom in April, 🇦🇷 Argentina's economic activity recovers with a "V" 📈 and now exceeds the levels left by the previous government.
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🚨 BREAKING | Argentine Government to Privatize State Train Company Belgrano Cargas
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Milei’s La Libertad Avanza after this win: Deputies Before: 38 Now: 95 Senators Before: 7 Now: 20
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🚨🇦🇷 | President Javier Milei predicted the end of inflation: "We stopped issuing money in the middle of last year, so by the middle of next year, there will be no more inflation in Argentina."
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Breaking 🇦🇷 | President @JMilei soars to a record 78% positive image among Argentines aged 15 to 29
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Breaking 🚨| Argentina Public Debt Falls for 6th Straight Month
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🇦🇷🚀 | Capitalism at work: Consumption rose by 4.6% and investments by 12% in the third quarter, marking the end of the Peronist economic crisis.
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Argentine Stocks EXPLODE 🚀💥| Stocks Soar 300% in Dollar Terms, Marking Best Year Since 2003 Amid Confidence in Milei Government
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Breaking 🇦🇷 | Poverty has plunged in Argentina following free market reforms of the Milei government. Sources show poverty in the 48% range, down down 57% in January.
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🚨🚨 What About the Roads? | Milei Issues Decree to Privatize Mercosur Route and 9,000 km of State-Managed Highways
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🚨🚀Breaking | Argentina Explodes: April Activity Up 6.5% Year-Over-Year
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🇦🇷🇺🇳 | UNICEF reports that over 2.5 million children have been lifted out of poverty in Argentina, while the share of families forced to reduce meals for economic reasons dropped from 52% to 30%.
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Unfortunately a very high confidence low competance response. This assesment doesn't take into account the central bank liabilities which were enormous and Milei inherited. The central bank liabilities, which refute this whole argument, were doubling the money supply every month. Milei diffused this bomb which would have caused hyper inflation, created mass poverty, and ruined Milei's administration immediately. The peso denominated securities-- liabilities to the bank-- were on every balance sheet of every institution in the country and were used to even pay employees. These had to be unwound without a panic which would have caused hyperinflation. Very difficult giving these were very short term securities. The fact is that Milei has cut money emission to virtually nothing and is positioning the country to eliminate the central bank despite negative reserves. The money supply growth was from winding down the LELIQ scheme Milei inherited. By running surpluses, he didn't need the central bank to finance the deficit. Also, defaulting is not an option when the country has defaulted 9 times and no investors trusts the country. Improving the country risk and making Argentina viable again for investments is working and Argentine is becoming an attractive investment. The gold scheme has been happening in Argentina since at least 2016 but probably since 2011. This is not new to Milei and is utilized by dozens of countries. They also didn't send all the gold but a portion of it. This is a nothingburger. Argentine has left the recession and had 3.9% quarterly growth while inflation had been cut almost 90%. Milei's plan is working, poverty is declining, and he has done this with 10% and 15% of the senate and legislature respectively. When Milei took office, the general concensus is that he would accomplish nothing given the extraordinary weak government. To everyone's astonishment, Milei has balanced the budget, deregulated, is privitizing state run businesses, and lowered inflation. This is a marvelous feat not covered in your "analysis."
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I was blocked by Saifedean after I pointed out several serious inaccuracies in his claims about Milei. I didn’t insult him—I simply presented evidence showing that many of his statements were false or poorly researched. Rather than engage in a discussion or defend his views, he chose to block me.
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Milei was a fan of Hoppe, and Milei was popularizing him, until Hoppe started to make baseless attacks on Milei, while totally ignorant of Argentina. So now someone 100000x his reach went from a fan to someone that calls him an idiot, rightfully. What a shot in the foot!!!
One thing that disqualifies @JMilei from the outset to be even considered to be a libertarian
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Breaking 🚨| Argentina leads Latin American Growth in 2025
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🚨 Breaking: Argentina Axes 59,000 “No-Show” Workers as Government Pushes to Slim Down the State
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Replying to @LucarioBarbosa
The Argentine roads are a disaster run by the government.
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Hoppe hates Milei more than he likes Mises
Hans-Hermann Hoppe, Almanya Mises Enstitüsü'nün Javier Milei'ye ödül vermesi üzerine Danışma Kurulu'ndan istifa etti.
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Replying to @Sr_Shadowban
Its the INDEC, which provides Argentine Statistics
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🚨🚨BREAKING: Argentina's Poverty Hits Lowest Level Since 2019 Following Javier Milei’s Public Spending Cuts and Regulatory Reforms
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Milei inherited a disaster of over 200% inflation. Milei inherited fleeing capital, 50% poverty, high unemployment, high debt, and a recession. Due to his program, Milei has dramatically lowered inflation, brought back growth, lowered poverty, and had a budget surplus The problems with Milei are the congress has betrayed him by passing reckless legislation and overriding his Vetoes, and he lost an election in Buenos Aires Province to the socialists. Argentina, if it were simply up to Milei's policies, would be booming as it was before the political and legislative defeats.
Actually existing libertarianism: Argentina's economy is in free fall under libertarian leader Javier Milei. The currency is collapsing, the bond market is in crisis, the huge bubble he inflated in the stock market has popped, and manufacturing output (ie, the real economy) has crashed. Milei was already gifted a $42 billion lifeline from the US-controlled IMF and the World Bank (after Argentina already owed more debt to the IMF than any other country), but even that was not enough to stabilize Milei's crazy Austrian School experiment. So now the US government is pledging to bail out the proud self-declared "anarcho-capitalist" Milei by giving him even more money through US swap lines and buying Argentina's bonds and currency with US Treasury funds. The US government is doing this not only to prop up one of its most loyal puppets in Latin America, but also in order to benefit wealthy US investors who hold Argentine stocks and bonds, and US corporations that want Argentina's lithium.
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Milei Effect | 50,000 Electic and Hybrid Vehicles Purchased After Tariffs Eliminated
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Hoppe doesn't follow the situation or the political realities -Milei has cut government spending 30%. -Made the largest Deregulation in Argentina history. Including airlines, transportation, housing, labor, business registries -Privitizing Soviet Style government businesses -Cut money emission to zero, from 12% of GPD -Unleashed the mining and energy sectors with Deregulation -Allowed all contracts to be denominated in any currency -Abolished half of the Departments including the ones pushing the woke agenda -Exited the Pact of the Future, WHO Pandemic Treaty, objects to Agenda 2030, criticized the UN, and did not join BRICS -Proposed a Libertarian Foreign policy -This despite having the weakest government in Argentine history with <10% of the senate, 15% of the house, ans 30% in the first round of the election forcing Milei to make concessions
Hoppe's savage remarks on "Milei", the fake libertarian, from the recently-concluded 2024 Annual Meeting of the Property and Freedom Society in Bodrum, Turkey. propertyandfreedom.org/2024/… Stay tuned for the full panel and also for these two talks: David Dürr (Switzerland): “If I woke up and found myself president elect of Argentina …” Antony Müller (Germany/Brazil): “Milei after Nine Months: A Critical Update”
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Officially Declared 🇦🇷 | Peronism had Worst Election Results in more than 40 years
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Terrible analysis. Milei did not need a bailout. Argentina was growing, inflation and poverty were declining, and Milei had a balanced budget. However, the congress, filled with socialists, sabotaged Milei by overriding his vetos. This caused markets to become very volatile. The threat is that the Peronists come back to power, and the congress wanted to destroy the progress of Milei by ruining his economic system of balanced budgets before the election to weaken him.
Milei needs a US bailout
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Breaking 🚨| Poverty in Argentina Falls to Lowest Level Since 2018
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Replying to @will_noisebleed
Nope poverty is down and wage are up
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Argentina Public Spending Drops to 2007 Levels Is this not possible in the USA?
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Replying to @stats_feed
San Francisco is not safe. Maybe because they don't report crimes there and have legalized them.
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I was in Austria frantically watching the developments all day-- witnessing the excitement grow as it appeared that Milei was winning based on exit polling and record turnout in anti-K provinces. When Milei was declared the winner, I cried tears of joy. I will never forget.
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“10 glorious years are coming, those who don't support me will also benefit.” --Javier Milei
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