Viewpoints
Opinion

Can Milei Shut Down the Central Bank and Dollarize Argentina?

If Argentina wants to become a thriving economy that returns to prosperity, it needs a stable macroeconomic and monetary system.
Can Milei Shut Down the Central Bank and Dollarize Argentina?
Then presidential candidate of La Libertad Avanza Javier Milei holds a hundred dollar bill with his face on it during his closing rally ahead of the runoff in Cordoba, Argentina, on Nov. 16, 2023. Tomas Cuesta/Getty Images
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Commentary

The monumental fiscal and monetary hole that Peronists Sergio Massa and Alberto Fernández have left for Javier Milei is difficult to replicate.

Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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