Will Argentina trash the Peso?

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<p><i>Warning: this episode contains strong language.</i></p><p>With Argentina again in the midst of an economic crisis, Argentine voters turned to Javier Milei, a far-right libertarian who has drawn comparisons to Donald J. Trump.</p><p>Jack Nicas, who covers South America for T ... Show More

There are two candidates: one is the current economy minister who has a wealth of experience in power; the other is a maverick libertarian economist who wants to ditch the country’s currency, the peso, and strip the central bank of its ability to print money.We speak to his senio ... Show More

Argentina has always been interesting from an economic and financial markets perspective, to put it mildly. And it's gotten even more interesting following the recent election of Javier Milei as the country's next president. Milei, whose policies could be described as radically l ... Show More

Argentinians go to the polls this Sunday in the first major test of their leader, Javier Milei. Voters appear to be losing faith in his bold economic vision to resuscitate the country’s ailing economy. But Milei has a secret weapon: a close relationship with President Trump. WSJ’ ... Show More

Argentina has been on a decades-long search for economic stability, but it always seems to be out of reach. High inflation has been plaguing the country and just surpassed 160% a year.Over the past couple of years, the local currency has collapsed. One U.S. dollar used to be wort ... Show More

US inflation feels bad until you look at Argentina’s, which is breaking 200 percent. Today, Explained’s Sean Rameswaram reports from Buenos Aires, where residents are divided over their new anarcho-capitalist President Javier Milei’s shock therapy. This episode was reported by Se ... Show More

There’s inflation, and then there’s hyperinflation. That’s what’s happening in Argentina, and it’s changing the way people do business and behave in the economy. We’ll talk about how Argentina is dealing with it and how it relates to the “sticky” inflation situation in the U.S. e ... Show More

As Argentina prepares for its general presidential election, everyone is surprised at the emergence of Javier Milei, a self-described anarcho-capitalist who managed to win his party’s primary. Milei is campaigning against his country’s rampant inflation caused by the central bank ... Show More

In the latest episode of Everybody's Business, Elon, Inc.'s own David Papadopoulos visits Max Chafkin and Stacey Vanek Smith to explain the roller coaster ride that is Argentina's economy. Also on the menu: the UN, MrBeast, David Ellison and a new, depressing office trend. Subscr ... Show More

In his election pledges President-Elect Javier Milei promised the people of Argentina two things. First, he would do dollarize the economy. He’d ditch the Peso and replace it with the, already widely used, UD dollar. Secondly, he would abandon the central bank, who he blames for ... Show More