, Columnist
Don’t Cry for Milei’s Argentina
Will surrendering monetary independence to the US Federal Reserve make for a less weepy country? The new president is about to find out.
Javier Milei, Argentina's president-elect, with his girlfriend Fatima Florez during an election night rally.
Photographer: Anita Pouchard Serra/BloombergThis article is for subscribers only.
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Dollarization will be done properly this time. Javier Milei has won Argentina’s presidential election with some ease. In a move that seemed to have gone out of fashion, his opponent, Sergio Massa, not only conceded the race and said Milei had won convincingly, but did so before any votes had even been published. Bloomberg’s full breakdown can be found here.