Changes in the Central Bank and sale of organs
The economist belonging to the front “La Libertad Avanza” has a recipe to put a limit on inflation that exceeds 115% per year: replace the national currency with the dollar. Eventually, he would even get rid of the central bank, which has been printing pesos to finance public spending.
While dollarization has been successfully implemented in some Latin American countries, including Ecuador and El Salvador, economists warn that Argentina lacks enough foreign currency to follow that path.
Other key economic proposals from Milei include:
- Public spending cuts so large that the austerity measures demanded by the International Monetary Fund would seem “small” by comparison
- Privatization of loss-making public companies
- Promotion of private investment
- Elimination and reduction of taxes.
- Exploration of natural resources through a system of royalties and concessions
He has also launched ideas on legalizing the organ trade, an activity currently prohibited by national law.
“There are individuals who are experiencing difficulties, waiting for transplants, clearly something is not working optimally.” “My proposal is to explore market-based approaches to address this situation,” Milei told TN television.
Free sale of arms and freedom for those convicted of crimes against humanity
On different occasions, especially during the presidential contest, Milei expressed her support for the possibility of Argentine citizens freely acquiring weapons, in response to the increase in insecurity in certain areas of the country.