Javier Milei Leads Argentina to a Week With No Food Inflation for First Time in 30 Years:

Argentine inflation as a whole has gone down this year from 292% to 276% in May. It doesn’t seem like a lot and the number is still high, but normal people know transformations don’t happen overnight. However, the monthly inflation rate went down 4.2% from 8.8% in April.

What was it in December when Milei took office? 25%:

This also means that the nation’s central bank will be cutting interest rates soon. They’re still at 40% (shudder) but were at 133% just last December.

When you already have big numbers you can have big changes and perhaps looking at our sluggish reduction of inflation over the last two years is an unfair comparison.

But it shows you what can be done IF you’re willing to go big. And remember that there were any number of people, including not just his political opponents, who said that his plans were extremist nuttery and would never even get implemented, let alone that they would have positive effects like this. I also loved this from the article:

He is also the first Argentine president not to pass a new law in his first six months in office.

Now that’s a freaking miracle