Tag

Libertarianism

All articles tagged with #libertarianism

economy1 year ago•2 min saved

Argentina's Inflation Hits 3-Year Low at 2.7% Under Milei's Economic Policies

Argentinian President Javier Milei's libertarian economic policies have successfully reduced the country's inflation rate to 2.7% in October, the lowest in three years. Since taking office, Milei has implemented significant spending cuts, reduced subsidies, and stopped the central bank from printing money to finance deficits, leading to fiscal surpluses and a steady decline in inflation. Despite protests over spending cuts, Milei's measures have revitalized Argentina's economy, fulfilling his promise to lower inflation below 3% before the end of 2024.

via The Daily Wire|

#argentina #economic-policy #economy

politics1 year ago•1 min saved

"Argentina's Lower House Passes Milei's Ambitious Reform Bill, Negotiations Ahead"

Argentina's Chamber of Deputies approved in general terms a sweeping reform bill proposed by libertarian President Javier Milei to deregulate the economy, but negotiations on the bill's more than 300 articles are ongoing. The bill includes economic, administrative, criminal, and environmental changes, with some lawmakers expressing reservations about privatization and delegation of legislative powers. Milei aims to reduce state spending to address the government budget deficit and inflation, but his measures have sparked protests and a general strike.

via The Associated Press|

#argentina #economic-reform #javier-milei

politicseconomics2 years ago•2 min saved

Javier Milei's Inauguration Signals Economic Shock for Argentina

Argentina's newly inaugurated libertarian President, Javier Milei, has warned the nation to brace for painful austerity measures as he seeks to address the country's economic crisis. In his inaugural address, Milei emphasized the necessity of a "shock adjustment" and stated that there is no alternative due to the lack of funds. The country is grappling with high inflation, a significant poverty rate, and a large debt to the International Monetary Fund. Milei has proposed radical measures, including spending cuts and switching to the US dollar, to fix the economy. However, he will need to negotiate with rivals as his coalition bloc lacks a majority in the legislature.

via Al Jazeera English|

#argentina #austerity-measures #economic-crisis

politicseconomics2 years ago•4 min saved

"Javier Milei's Inauguration Sparks Speculation on Argentina's Economic Future"

Argentine President Javier Milei, a libertarian economist, warned in his inaugural speech that a sharp and painful fiscal shock is unavoidable to address the country's severe economic crisis, with inflation on track to reach 200%. Milei emphasized the need for a shock adjustment and stated that there is no money available. While his shock therapy economic plan has gained support from investors, it also carries the risk of pushing more people into poverty. Milei's government aims to implement a fiscal adjustment equivalent to 5% of GDP through cuts primarily targeting the state.

via Reuters Canada|

#argentina #economy #fiscal-shock

politics2 years ago•2 min saved

John Oliver's Hilarious Distraction During Takedown of Bizarre Presidential Aspirant

John Oliver criticizes Javier Milei, a right-wing libertarian candidate running for president in Argentina, highlighting his eccentricities and controversial proposals. Oliver mocks Milei's cosplay as "General Ancap" and his pledge to fight against Keynesian economics. Despite Argentina's economic challenges, including high inflation and poverty rates, Oliver questions the viability of Milei's proposals, such as cutting public spending, eliminating taxes, and adopting the U.S. dollar. Oliver also points out Milei's bizarre behavior, including smashing models of the central bank and sharing details about his sex life. Concerned about the impact of Milei's ideas on a struggling population, Oliver urges caution in supporting a candidate who dismisses climate change, praises Donald Trump, and insults Pope Francis.

via The Daily Beast|

#argentinian-politics #javier-milei #john-oliver

politics2 years ago•13 min saved

"Javier Milei: The Controversial Figure Shaking Up Argentina's Political Landscape"

Javier Milei, a far-right libertarian candidate in Argentina's presidential election, has gained surprising support from young voters, particularly young men. Milei's platform includes radical proposals such as abolishing the central bank and dollarizing the economy, liberalizing gun ownership, opposing abortion, and slashing public spending. His appeal to young voters is attributed to their frustration with the prolonged economic crisis and a backlash against pandemic-era restrictions. However, experts warn that Milei's proposed solutions may be unworkable and could further destabilize the country. If elected, Milei's presidency could lead to social upheaval and face challenges in implementing reforms due to a lack of allies in the legislature.

via Vox.com|

#argentina #economic-crisis #far-right

politics2 years ago•3 min saved

Libertarian Conference Disrupted by Anti-Government Protesters.

Anti-government protesters interrupted Communications Minister Shlomo Karhi and Knesset Constitutional, Law and Justice Committee chair Simcha Rothman at a libertarian conference in Tel Aviv on Sunday. Karhi denied falsely that he had ever told reservist pilots to “go to hell.” Protesters against the government’s judicial overhaul plan have been hounding and heckling coalition politicians at events across the country in recent months as they seek to keep up the pressure on the government to shelve its far-reaching plans to shackle the judiciary.

via The Times of Israel|

#anti-government-protests #israel #judiciary-overhaul

politics2 years ago•4 min saved

Peter Thiel, Republican Megadonor, Won't Fund 2024 Candidates: Sources

Peter Thiel, a tech billionaire and Republican megadonor, has reportedly told associates that he will not donate to any political candidates in 2024 due to his dissatisfaction with the Republican Party's focus on cultural issues such as abortion and transgender rights. Thiel believes the party should prioritize spurring U.S. innovation and competing with China. Thiel's decision highlights how the Republican Party's swing to the right on social issues is alienating some prominent, business-minded donors. Thiel has contributed around $50 million to state and federal political candidates and campaigns since 2000.

via Reuters|

#cultural-issues #libertarianism #peter-thiel

technology2 years ago•10 min saved

The Interdependence of Silicon Valley and Government in Times of Crisis.

The collapse of Silicon Valley Bank and the subsequent federal rescue of its depositors has forced Silicon Valley and Washington to reconcile after years of political acrimony. The libertarian orientation of Silicon Valley had led to a growing divergence from Washington, but the recent events have highlighted their interdependence. The federal rescue of Silicon Valley Bank has shown that both sides need each other, and the sparring is likely to continue. While Washington needs tech entrepreneurs to stay in the US, Silicon Valley has become more tethered to the federal government as it has matured into corporate giants.

via POLITICO|

#federal-rescue #libertarianism #silicon-valley