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Before a libertarian audience, Milei defends economic model and urges defeat of populism Image: Santiago Filipuzzi
๐Ÿ‡ฆ๐Ÿ‡ท Argentina /Economy & Trade

Before a libertarian audience, Milei defends economic model and urges defeat of populism

From La Naciรณn · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Javier Milei told supporters at a Libertad and Progress Foundation event that he would not loosen fiscal or monetary policy before the 2027 election.
  • He invoked Mauricio Macriโ€™s administration to defend keeping his economic program unchanged and presented the election as a choice between his model and Kirchnerism.
  • Milei urged libertarians to enter political debate and said populism could not be defeated with more populism.

Javier Milei entered a dimmed Sheraton ballroom filled with young libertarians, government officials, economists and lawmakers, and delivered a firm defense of his economic program.

Probably in October we will add one more country.

โ€” Javier MileiMilei expressed enthusiasm while referring to Flรกvio Bolsonaro in Brazil.

The president told the Vientos de Cambio gathering, organized by the Libertad and Progress Foundation, that results mattered as much as ideas. He used Mauricio Macriโ€™s administration to support his argument that the current program must not be altered. Peter Thiel, whose participation had initially been announced, withdrew before the event.

Milei said some people were asking him to relax monetary and fiscal policy to improve his chances of winning reelection in 2027. His answer, he said, was no. โ€œWe are not going to do that, we are not going to loosen fiscal policy, and we are not going to negotiate monetary policy because we will not stop until we finish defeating inflation,โ€ he said.

If we do not win, it is because as a society we are trying to commit suicide.

โ€” Javier MileiThe president described the stakes he sees in the political contest ahead.

He also framed the coming election as a direct choice between his government and its opponents. โ€œIf we do not win, it is because as a society we are trying to commit suicide,โ€ Milei warned. He said Argentines would have a genuine range of options in 2027 and would decide whether to return to the past or continue what he called the transformation.

We are not going to do that, we are not going to loosen fiscal policy, and we are not going to negotiate monetary policy because we will not stop until we finish defeating inflation.

โ€” Javier MileiMilei rejected calls to change his economic policy before the 2027 election.

At the start of his speech, Milei spoke about the โ€œculture warโ€ and argued that defending ideas also required entering the political arena. He repeated another central line of his political message: โ€œPopulism is not defeated with populism.โ€ The president said the government should maintain its course and let voters choose.

Populism is not defeated with populism.

โ€” Javier MileiHe presented the phrase as a guiding principle for the libertarian government.
About this summary

Originally published by La Naciรณn in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.