In Buenos Aires' Boedo neighborhood, reactions to President Javier Milei are deeply divided. While some residents embrace his radical reforms aimed at economic stability, others contest his policies, exemplified by disapproving posters against him. Since his inauguration on December 10, 2023, Milei has lifted long-standing currency controls, prompting mixed reactions. While critics fear potential chaos, proponents claim that the exchange rate has stabilized, countering predictions of financial turmoil. Milei's approach marks a significant shift towards liberating the Argentine economy, fostering optimism for recovery despite ongoing skepticism from parts of the populace.
Milei's radical libertarian stance has earned him fierce criticism from the left, while many economists see him as a reformer liberating Argentina from decades of bureaucracy and rigid controls.
Milei's most recent bold move was ending the so-called 'cepo' restrictions, which had restricted access to US dollars for over two decades, allowing individuals and businesses to freely conduct foreign exchange transactions.
Contrary to alarmist predictions from many local and international economists, the exchange rate did not skyrocket; it stabilized below its pre-liberalization level.
Signs of disapproval are hard to miss... a poster is hung up reading 'No entry' and showing the pictures of President Milei and Security Minister Patricia Bullrich.
Collection
[
|
...
]