El Loco Economist Javier Milei Aims to Tame Inflation as Argentina's New President
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Javier Milei is Argentina's new president who promotes free markets and minimal government. His economic reforms aim to reduce inflation and government spending.
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Milei earned the nickname "El Loco" (the crazy one) due to his explosive personality and "crazy" policy proposals.
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He decided to become an economist after witnessing Argentina's economic crisis and hyperinflation in the 1980s.
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Milei describes himself as a "minarchist," advocating for a night-watchman state with free markets and minimal government intervention.
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Although not an explicit Bitcoin advocate, Milei has hinted that cryptocurrencies could provide an alternative to central bank monetary authorities.