I believe that the answer is yes, the world can learn from what Argentina's new administration is doing. BUREAUCRATS tend to grab more and more and more power and money for themselves so...... the more bureaucrats get fired and put into the private sector and are thus forced to take a productive job....... the less of a bureaucratic burden is placed on ordinary citizens. I believe that this is one important lesson that the USA and Canada and all nations can learn from what is being done in Argentina. Economist Milton Friedman certainly feared bureaucrats and felt that their number should be kept to a minimum. https://www.theepochtimes.com/special-report
Here is the link to the article above. https://www.theepochtimes.com/artic...ce=left-sharing-widget-v2&utm_medium=copyLink
If any of President Javier Milei's advisors ever happen to read this discussion then I would suggest that you help him to never ever listen to some person with a piece of paper saying that they are an "economist" and they try to explain why Argentina should give up on Argentina's own printed Pesos. Those Argentinian Pesos are obviously vastly better than the local currency of Worgl, Austria or whatever exactly was used in any one of those thousand or so communities in the USA that led to pressuring F. D. R. into initiating The New Deal. Obviously the Argentinian Pesos are also vastly better than www.CalgaryDollars.ca/ although that local currency comes in very handy in the City of Calgary, Alberta Canada and in the neighbouring areas as well.
Here is a succinct submarine: Javier Milei's administration in Argentina has implemented significant economic reforms, including cutting government agencies, reducing public sector employment, and decreasing spending by 30%, which has led to lower inflation, economic growth, and a budget surplus. These actions provide a lesson in reducing bureaucratic burdens, potentially applicable to the USA, by illustrating how slashing government size and regulations can stimulate economic recovery and efficiency. However, the success of these reforms also depends on broader economic, political, and social contexts unique to each country.
Hey Melb_muser, have I got a wild theory for you to consider. I believe that Argentinian Pesos could be used to play a significant role in connecting the USA Dollar to the Canadian Dollar and the key could be in the nation of Ecuador that prints a variation of USA Dollars?! I taught English in Quito, Ecuador in 2001 and 2002 and although I did not have a degree at that time I even got to teach English as Second Language at Universidad Technologica de Israel de Quito. I believe that Canada's Pierre Poilievre could play a huge role in doing this because he is a big fan of Economist Milton Friedman and there is a special one of Friedman's suggestions that could grab the attention of all the world, [and especially the entire Trump administration of 2025 to 2028!? https://en.wikipedia.org/wiki/Capitalism_and_Freedom ..... I have tried to explain how this idea could work here in Canada: My plan to pay off the deficit at the rate of twenty billion dollars per month? And several years ago I did do some speculating on how this could perhaps work in Australia. COVID 19 and unconditional income supplement to all Australians To summarize what I have in mind I would like to see all Canadians and all Australians receive five hundred dollars per month in the form of an Unconditional but Taxable Basic Minimum Income from cradle to grave. Here in Canada I believe that as this extra twenty billion dollars per month would go into the economy it would turn over three to four times and voila, it would clawed back by all three levels of government in the form of taxation. This would mean that this Unconditional but Taxable Basic Minimum Income Supplement would become a Cash Cow for all three levels of government here in Canada and I believe that our Canadian federal deficit would soon begin to be paid down at the rate of about twenty billion dollars per month. This would essentially prove my theory that the National debts of Canada, Australia and The United States are significantly practical jokes being played on an unsuspecting population who do not know enough about economics to realize how elected officials are ripping everybody off. Canada's Prime Minister Pierre E. Trudeau made a horrible error back in 1974 that was so colossal that in a way that is something of a positive because the magnitude of error makes what he did rather obvious which could be useful to sincere elected officials who would like to benefit their people. I believe that Argentina's President Milei can use an Unconditional but Taxable Basic Minimum Income IN ARGENTINIAN PESOS to alleviate poverty in his nation and at the same time conduct an experiment in economics that would tend to grab the attention of essentially everybody in President Trump's team!
The trade surplus for sales of oil is an important part of his plan to boost the economy. Argentina Books Biggest Energy Trade Surplus in 18 Years By Tsvetana Paraskova - Jan 22, 2025, 5:30 AM CST
Melb_muser... you remember AboveAlpha from the forum from years ago don't you? He had stopped posting back in 2017 so you may not remember him but...... you will find this interesting anyway. I got a discussion going where I am digging up my old campaign to assist AboveAlpha as played by Robert J. O'Neill to the position of leader of the G. O. P. by 2028.... but.... I am also attempting to assist Robert F. Kennedy Jr....... who I would also see lead the G. O. P. by 2027...... assuming that Robert F. Kennedy Jr. can really do a lot toward giving cancer patients much better options...... Could an Agnostic be promoted to lead the G.O.P. into 2028? Should AboveAlpha allow us to set him up for the office of POTUS as early as 2016? ? Based on AA's posts would you advise him to consider becoming POTUS? * Yes.... he is obviously well informed on many important issues. 12 vote(s) 48.0% No.... he is too honest! He would not make it in Washington! 3 vote(s) 12.0% Yes..... but he had better join my favourite party! 1 vote(s) 4.0% He has already told us too much... his 14,000 posts will haunt him! 10 vote(s) 40.0% This was a multiple choice poll so you will notice that it got a response rate of 101 percent.
