Revolutionary economic strategy proposed: Javier Milei plans to close the Central Bank by 2025, allowing Argentines to use any currency for daily transactions. This includes Bitcoin and other cryptocurrencies, signaling a potential shift towards decentralized finance and economic innovation.
Significant tax reductions outlined: Milei’s government aims to cut national taxes by 90% while granting provinces greater fiscal autonomy. This ambitious tax reform is designed to attract investment and encourage economic competition throughout the country.
Inflation control and currency confidence: Milei’s ‘ZERO-emission plan’ seeks to combat inflation by reducing money supply and public spending. Early signs of success include a strengthened Argentine peso in parallel markets, reflecting growing public confidence in the new monetary policy.